Faurecia: significantly outperforms global production

(CercleFinance.com) - Faurecia has reported Q1 2018 sales of 4,315 million euros, up 2.
7% as reported, and up 9.3% in constant currencies, compared to a 0.3% fall in its market.

The group said that all regions largely outperformed the evolution of car production and its three main divisions (seats, interiors, clean mobility) all recorded strong growth at constant exchange rates.

Expecting double-digit sales growth at constant exchange rates in the second quarter, the automotive supplier confirms its FY 2018 targets, including EPS of five euros.


Copyright (c) 2018 CercleFinance.com. All rights reserved.