Analyst Research

Report Title Price
Provider: Reuters Investment Profile
$20.00
Provider: Thomson Reuters StreetEvents
$75.00

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Faurecia SA Confirms FY 2013 Sales and Operating Income Guidance


Tuesday, 22 Oct 2013 11:45am EDT 

Faurecia SA announced that it confirms its targets for fiscal year 2013. The Company expects an increase in sales to reach between EUR 17.8 billion and EUR 18.0 billion. The Company also expects operating income improvement, particularly due to an accelerated recovery in North America, a EUR 50 million reduction in fixed costs in Europe and sustained high profitability in Asia. The Company reported fiscal year 2012 EBIT of EUR 514 million. According to I/B/E/S estimates, analysts on average are expecting the Company to report fiscal year 2013 revenue of EUR 18.055 billion and EBIT of EUR 517.64 million. 

Company Quote

26.29
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20 Aug 2014