Faurecia SA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Faurecia SA Issues FY 2012 EBIT Guidance Above Analysts' Estimates; Issues H2 2012 EBIT Guidance-Conference Call
Faurecia SA announced that for fiscal 2012, it expects operating income above EUR500 million at EUR514 million, or 3% of total sales, versus [EUR650 million], or 4%, in fiscal 2011 and for the second half of 2012, it expects operating income stays at EUR211 million, or 2.5% of total sales, versus EUR311 million, or EUR3.9% of total sales, in fiscal 2011. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EBIT of EUR476 million for fiscal 2012.
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