Sales, profitability, investment, debt... All the key figures required to gain a better understanding of Faurecia’s business and strategy.
Value-added Sales growth (in M€)
Faurecia’s consolidated value-added sales for fiscal 2017 stood at €16.962 billion, reprensenting an organic growth of 10.6%.
Sales by region
At the end of 2017, 50% of Faurecia’s sales were generated in markets outside Europe.
Sales by activity (in M€)
Product sales by customer
Faurecia is committed to broadening its customer portfolio in terms of both market segments and geographical regions.
Operating income (in M€)
EBITDA and provisions (in M€)
Net income (in M€)
Operating income in 2017 came to €1,170.3 million. EBITDA (earnings before interest, tax, depreciation and amortization) stood at €1,889.3 million while net income from continued operations totaled €714 million.
The Faurecia Group accelerated its investment strategy in 2017 with gross R&D expenditures reaching €1,152 million, or 6.8% of value-added sales.
Spending from investing activities (CAPEX + capitalized R&D) totaled €1,207 million, or 7% of value-added sales.
Tangible investments reached €738 million, up €100 million since 2016.
Net debt (in M€)
In 2017, Faurecia pursed its strategic acquisitions strategy. These include the initial 20% investment in Parrot Automotive, the increase from 35% to 51% in the JV for the FCA-Pernambuco plant and the 50.1% stake in Coagent in China. At December 31, 2017, the Group’s net financial debt stood at €451.5 million vs. €341.5 million at December 31, 2016. It represented 0.2x EBITDA, a stable ratio year-on-year.
The Group’s total workforce stood in 2016 at 109,275 people.