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.
Net debt (in M€)
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.