Finance / 29/11/2012
Faurecia appoints Citi as depositary for its sponsored Level 1 ADR program
Faurecia, the world’s sixth largest automotive equipment supplier, today announced that it has appointed Citi as depositary bank for its sponsored Level 1 American Depositary Receipt (ADR) program. Faurecia’s ADR program trades in the US over-the-counter (OTC) market under the ticker FURCY, with each ordinary share – listed on the NYSE Euronext Paris stock exchange – comprised of two ADRs.
Yann Delabrière, Chairman and Chief Executive Officer of Faurecia, said, “Faurecia is experiencing strong growth in the dynamic North American automotive market, where we are targeting $7 billion sales in 2016 and a Top 5 supplier position in the short term. Faurecia is committed to developing a strong shareholder base in the US and looks forward to working closely with Citi to gain access to ADR investors.”
Finance / 21/07/2017Strong performance in the first half of the year, while building momentum on strategic priorities. Upgraded guidance for the full year+
Strategy, Finance / 27/06/2017
Faurecia Investor Day demonstrates strong profitable growth of its Clean Mobility Business driven by innovation and breakthrough technologiesAt its Investor Day held on 27 June in London, Faurecia focused on Sustainable Mobility+