Edition:
United States

Faurecia SA (EPED.PA)

EPED.PA on Paris Stock Exchange

65.48EUR
15 Dec 2017
Change (% chg)

€0.69 (+1.06%)
Prev Close
€64.79
Open
€64.41
Day's High
€65.58
Day's Low
€63.81
Volume
1,313,517
Avg. Vol
573,886
52-wk High
€65.58
52-wk Low
€35.56

Latest Key Developments (Source: Significant Developments)

Faurecia Invests In Alsentis
Tuesday, 12 Dec 2017 11:04am EST 

Dec 12 (Reuters) - FAURECIA SA ::FAURECIA INVESTS IN ALSENTIS TO REINFORCE ITS TECHNOLOGY ECOSYSTEM FOR SMART SURFACES.  Full Article

Faurecia ‍New Joint-Venture With Liuzhou Wuling Industry Named Faurecia Liuzhou Automotive Interior​
Wednesday, 29 Nov 2017 09:32am EST 

Nov 29 (Reuters) - Faurecia ::‍NEW JOINT-VENTURE WITH LIUZHOU WULING INDUSTRY NAMED FAURECIA LIUZHOU AUTOMOTIVE INTERIOR​.  Full Article

Faurecia signs joint venture with BYD
Tuesday, 31 Oct 2017 01:00pm EDT 

Oct 31 (Reuters) - FAURECIA SA ::REG-FAURECIA SIGNS A JOINT VENTURE WITH BYD FOR SEATING SOLUTIONS.‍FAURECIA, NEW JOINT VENTURE SHENZHEN FAURECIA AUTOMOTIVE PARTS CO., LTD. TO BE OWNED 70% FAURECIA - 30% BYD).FAURECIA AND PIONEERING CHINESE ELECTRIC VEHICLE OEM NEW JV EXPECTED TO GENERATE SALES REACHING 2.4 BILLION RMB BY 2020​.‍FAURECIA CEO SAYS NEW CHINESE JV WILL ACCELERATE FAURECIA'S GROWTH WITH CHINESE OEMS, WHICH WILL REACH 40% OF GROUP'S SALES IN CHINA BY 202​.  Full Article

RPT-Faurecia confirms FY 2017 guidance
Thursday, 12 Oct 2017 11:59am EDT 

Repeats without changes to text:ORGANIC GROWTH AT +10.7 PERCENT IN Q3 (VERSUS. +8.5 PERCENT IN H1).FY 2017 GUIDANCE (AS RECENTLY UPGRADED ON JULY 21) CONFIRMED.Q3 VALUE-ADDED SALES EUR 3.79 BILLION VERSUS EUR 3.53 BILLION YEAR AGO.  Full Article

Faurecia and Mahle to collaborate on Cockpit of the Future
Tuesday, 10 Oct 2017 10:19am EDT 

Oct 10 (Reuters) - FAURECIA SA ::ANNOUNCED TODAY FAURECIA AND MAHLE TO COLLABORATE ON TECHNOLOGIES FOR THERMAL MANAGEMENT OF THE COCKPIT OF THE FUTURE.  Full Article

PSA able to handle transition away from diesel engines -CEO
Tuesday, 12 Sep 2017 07:01am EDT 

Sept 12 (Reuters) - PSA ::CEO Tavares says feels saddened by current confusion surrounding diesel engines given fact that PSA respects rules in this area.CEO Tavares says PSA has necessary flexibility to handle transition from diesel towards other types of models.Tavares says authorities must also play part in move towards electric vehicles.Tavares says PSA will urge Opel to improve its sales to individual customers.Tavares says it is hard to decide upon strategy for Vauxhall given lack of clarity over Brexit.CEO says sees no need to take strategic decision on its Faurecia stake at present, all options open in the long term.Tavares was speaking at the Frankfurt car show.  Full Article

Faurecia capable of pulling off major acquisition -CEO
Tuesday, 29 Aug 2017 08:31am EDT 

Aug 29 (Reuters) - Faurecia ::CEO says Faurecia is currently capable of making a "major" acquisition.CEO says several options regarding external growth will be examined in october, including possibility of a 4th line of business.  Full Article

Faurecia H1 net income group share up at 314.4 million euros
Friday, 21 Jul 2017 12:59am EDT 

July 21 (Reuters) - FAURECIA ::SOLID ORGANIC* GROWTH IN VALUE-ADDED SALES OF 8.5%, 550BPS ABOVE WORLDWIDE AUTOMOTIVE PRODUCTION GROWTH (+3.0%, SOURCE: IHS AUTOMOTIVE JUNE 2017), TO EUR 8.6 BILLION.* STRONG GROWTH OF 20% IN OPERATING INCOME, TO EUR 587 MILLION.SIGNIFICANT IMPROVEMENT IN OPERATING MARGIN OF 60BPS, TO 6.8% OF VALUE-ADDED SALES.* FY 2017 EARNINGS PER SHARE ABOVE EUR 4.00 (PREVIOUS GUIDANCE DATED FEB. 9, 2017 WAS "AROUND EUR 4.00").* FY 2017 NET CASH FLOW ABOVE EUR 350M (UNCHANGED VERSUS. GUIDANCE DATED FEB. 9, 2017).FY 2017 VALUE-ADDED SALES GROWTH OF +7% (AT CONSTANT CURRENCIES), AROUND 500BPS ABOVE WORLDWIDE AUTOMOTIVE PRODUCTION GROWTH (PREVIOUS GUIDANCE DATED FEB. 9, 2017 WAS "+6% (AT CONSTANT CURRENCIES) OR 400BPS ABOVE WORLDWIDE AUTOMOTIVE PRODUCTION GROWTH").* FY 2017 OPERATING MARGIN BETWEEN 6.6% AND 7.0% OF VALUE-ADDED SALES (PREVIOUS GUIDANCE DATED FEB. 9, 2017 WAS "BETWEEN 6.4% AND 6.8% OF VALUE-ADDED SALES").FULLY ON TRACK TO ACHIEVE 2018 AMBITIONS.H1 NET INCOME GROUP SHARE EUR 314.4 MILLION VERSUS EUR 245.0 MILLION YEAR AGO.FY 2017 EARNINGS PER SHARE ABOVE EUR 4.00 (PREVIOUS GUIDANCE DATED FEB. 9, 2017 WAS "AROUND EUR 4.00") * FULLY ON TRACK TO ACHIEVE 2018.  Full Article

Faurecia takes majority share in Jiangxi Coagent Electronics
Wednesday, 19 Jul 2017 12:03pm EDT 

July 19 (Reuters) - Faurecia ::FAURECIA TAKES MAJORITY SHARE IN CHINESE INFOTAINMENT LEADER JIANGXI COAGENT ELECTRONICS.CLOSING IS EXPECTED TO TAKE PLACE BEFORE END OF 2017 .‍TOTAL INVESTMENT OF 1.45 BILLION RMB (193 MILLION EUROS)..​.  Full Article

Faurecia signs a JV with Dongfeng Motor Corp
Tuesday, 4 Jul 2017 12:10pm EDT 

July 4 (Reuters) - Faurecia says in a statement::Signs a new joint venture with dongfeng motor corporation and expands partnership to faurecia clean mobility.The new company aims to provide advanced clean mobility solutions to Dongfeng affiliated OEM brands, for both passenger cars and commercial vehicles.Located in Xiangyang, the new joint venture will begin operations in 2018. The annual sales should reach 1.2 Billion RMB (€ 155 million) by 2021..  Full Article

BRIEF-Faurecia Invests In Alsentis

* FAURECIA INVESTS IN ALSENTIS TO REINFORCE ITS TECHNOLOGY ECOSYSTEM FOR SMART SURFACES Source text for Eikon: Further company coverage: (Gdynia Newsroom:)