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Peugeot Citroen upbeat

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Peugeot Citroen upbeat

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PSA Peugeot Citroen has posted a 27.5 percent rise in first-quarter revenues at 14 billion euros.

The French carmaker also said it expected to make an operating profit for the first half of this year despite a further decline in car markets.

It has predicted its market share will increase as it rolls out new models.

Last year Peugeot Citroen suffered its biggest net loss in 20 years.