Faurecia: targets for 2025
(CercleFinance.com) - At its CMD, Faurecia says that it expects for 2025 sales of at least 24.
5 billion euros, along with an operating margin of over 8% and net cash flow of nearly 4.5% of sales.
Over the period 2021-25, the automotive equipment supplier forecasts organic sales growth of 11% p.a. on average, with an average outperformance of over 500 basis points, as well as cumulative net cash flow over five years of more than 4 billion euros.
The group adds that thanks to its unique position in zero-emission hydrogen solutions, Faurecia will become a leader in hydrogen mobility, with sales of 500 million euros in 2025 and more than 3.5 billion euros in 2030 (including 100% of Symbio).
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5 billion euros, along with an operating margin of over 8% and net cash flow of nearly 4.5% of sales.
Over the period 2021-25, the automotive equipment supplier forecasts organic sales growth of 11% p.a. on average, with an average outperformance of over 500 basis points, as well as cumulative net cash flow over five years of more than 4 billion euros.
The group adds that thanks to its unique position in zero-emission hydrogen solutions, Faurecia will become a leader in hydrogen mobility, with sales of 500 million euros in 2025 and more than 3.5 billion euros in 2030 (including 100% of Symbio).
Copyright (c) 2021 CercleFinance.com. All rights reserved.