Edition:
India

Faurecia SA (EPED.PA)

EPED.PA on Paris Stock Exchange

53.12EUR
17 Aug 2018
Change (% chg)

€-0.14 (-0.26%)
Prev Close
€53.26
Open
€53.20
Day's High
€53.38
Day's Low
€52.38
Volume
259,769
Avg. Vol
402,406
52-wk High
€76.98
52-wk Low
€47.93

Latest Key Developments (Source: Significant Developments)

Parrot Announces Proposed Early Exit From Parrot Automotive
Friday, 6 Jul 2018 

July 6 (Reuters) - PARROT SA ::REG-PARROT: PROPOSED EARLY EXIT FROM PARROT AUTOMOTIVE.MEMORANDUM OF UNDERSTANDING SIGNED WITH FAURECIA FOR NEGOTIATIONS CONCERNING PARROT'S POSSIBLE EXIT FROM PARROT AUTOMOTIVE.OVERALL AMOUNT RECEIVED BY PARROT WOULD REPRESENT 108.5 MILLION EUROS.PARTNERS HAVE DECIDED TOGETHER TO ARRANGE PARROT'S EXIT FROM SUBSIDIARY PARROT AUTOMOTIVE, WHICH HAS BEEN 20% OWNED BY FAURECIA SINCE MARCH 31, 2017..PARROT AND FAURECIA TO OPEN TALKS WITH A VIEW TO ORGANIZING PARROT'S EXIT FROM THEIR JOINT VENTURE..  Full Article

Faurecia Announces Signing A MOU For A Five-Year Collaboration With Accenture
Friday, 5 Jan 2018 

Jan 5 (Reuters) - FAURECIA ::ANNOUNCES SIGNING A MEMORANDUM OF UNDERSTANDING FOR A FIVE-YEAR COLLABORATION WITH ACCENTURE <<>>.COLLABORATION TO ACCELERATE INNOVATION FOR MOBILITY SERVICES.  Full Article

Faurecia Acquires Hug Engineering In Switzerland
Friday, 22 Dec 2017 

Dec 22 (Reuters) - FAURECIA ::TO PURCHASE HUG ENGINEERING AND BECOME MAJOR PLAYER IN DEPOLLUTION SYSTEMS FOR HIGH HORSEPOWER ENGINES.‍AGREEMENT FOR ACQUISITION OF 100% OF SWISS COMPANY HUG ENGINEERING​.‍CLOSING OF THIS TRANSACTION EXPECTED TO OCCUR DURING Q1 OF 2018​.  Full Article

Faurecia Invests In Alsentis
Tuesday, 12 Dec 2017 

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 

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 

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 

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 

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

Faurecia Q3 sales down at ‍​4.24 billion euros
Thursday, 13 Oct 2016 

Faurecia : Q3 sales ‍​4.24 billion euros versus 4.32 billion euros ($4.84 billion) year ago .Fully confirms its FY 2016 guidance.  Full Article

UPDATE 1-Faurecia shares fall as car parts maker's outlook disappoints

* Faurecia shares had risen 77 pct in 2017 (Adds share price reaction, analyst comment)