Faurecia SE (EPED.PA)
Fri, Jun 26 2020
PARIS, June 26 Faurecia expects a 65% to 70% fall in second-quarter sales in Europe and North America due to the coronavirus crisis, Chief Financial Officer Michel Favre told the French car parts maker's annual shareholders meeting on Friday.
PARIS, June 26 French car parts maker Faurecia expects its sales to fall 65% to 70% in the second quarter in Europe and North America, due to the coronavirus crisis, Chief Financial Officer Michel Favre told its annual shareholders meeting on Friday.
PARIS, April 20 Faurecia's first quarter sales fell by 13.5% due to the coronavirus crisis, the French car parts maker said on Monday, adding that it hoped for a full return to full capacity at its Chinese factories by May.
PARIS, April 20 French car parts company Faurecia reported a 13.5% drop in first-quarter sales on Monday citing the impact of the coronanavirus crisis.
* IS NOT CURRENTLY IN POSITION TO PRESENT NEW FINANCIAL OBJECTIVES FOR 2020 AND WILL DO SO WHEN SITUATION IS STABILIZED AND OFFERS MORE VISIBILITY TO GROUP
* FAURECIA STRENGTHENS ITS LIQUIDITY BY 800 MILLION EUROS TO FACE ANY POTENTIAL SCENARIO RELATED TO THE COVID-19 CRISIS
PARIS, March 27 French car parts company Faurecia abandoned on Friday its financial guidance, due to the hit to its business caused by the coronavirus crisis.
* FULL-YEAR 2020 FINANCIAL OBJECTIVES THAT FAURECIA ANNOUNCED ON FEBRUARY 17 ARE NO LONGER RELEVANT
* SAYS WILL TEMPORARILY SHUT DOWN MOST OF ITS PRODUCTION SITES IN EUROPE IN THE NEXT FEW DAYS Further company coverage: (Paris Newsroom)
PARIS, Feb 17 French car parts company Faurecia hopes to re-open seven sites in China this Friday, Chief Executive Patrick Koller told reporters.