Tag: Faurecia

Faurecia shareholders approve board positions | Automotive Industry News

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Faurecia targets growth after 2019 profit rise

PARIS — Faurecia claimed a increase in once-a-year profits and income, and reported it was focusing on further more advancement for 2020 even nevertheless current market problems would be hard this yr.

Faurecia reported in a statement that once-a-year operating money for 2019 had risen by .seven per cent from the former yr to one.28 billion euros ($one.4 billion).

Profits rose one.4 per cent to 17.77 billion euros ($19.3 billion) and Faurecia’s operating margin stood at seven.two per cent, although its internet funds move rose 11 per cent from final yr to 587 million euros ($636 million).

The organization also

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