Faurecia: outperforms automobile market in Q3
(CercleFinance.com) - Faurecia has published Q3 2018 sales of 4,014 million euros, up 5.
9% as reported, basis and up 8.3% excluding the negative FX impact, which is 920 basis points higher than of global automobile production.
"The strong performance since the beginning of the year and our expectation for the last quarter allow us to fully confirm our full-year guidance, as upgraded in July," said Patrick Koller, group CEO.
"From a medium-term perspective, we are focused on implementing our profitable growth plan, as presented at our Capital Markets Day in May, and are confident in our ability to achieve our 2020 financial targets," he continued.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
9% as reported, basis and up 8.3% excluding the negative FX impact, which is 920 basis points higher than of global automobile production.
"The strong performance since the beginning of the year and our expectation for the last quarter allow us to fully confirm our full-year guidance, as upgraded in July," said Patrick Koller, group CEO.
"From a medium-term perspective, we are focused on implementing our profitable growth plan, as presented at our Capital Markets Day in May, and are confident in our ability to achieve our 2020 financial targets," he continued.
Copyright (c) 2018 CercleFinance.com. All rights reserved.