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2005
 


[December 19, 2005]
Faurecia adjusts goodwill for Vehicle Interiors business
Faurecia’s board met on December 16th and reviewed the Group’s most recent earnings forecasts. The increase in plastics prices in fourth quarter, the contraction in automobile production of our main customers, and continued pressure on selling prices means that Faurecia will not achieve its profitability target for Vehicle Interiors in the second half 2005.


 
 


[October 13, 2005]
2005 Third-quarter Sales
Stable sales in a declining market
Faurecia’s third quarter sales came to €2,496.3 million, up 1.2%. Excluding monolith sales, they dipped a slight 0.4% or 0.3% at constant exchange rates and on a comparable basis. Exchange rate fluctuations had a positive impact of 1.0% while changes to the consolidation scope had a negative impact of (1.1)%. Consequently Faurecia’s sales were stable against the demanding comparison base of last year’s Q3. This was achieved despite the approximate -3% decline in European automobile production in the third quarter of 2005.


 
 


[July 21, 2005]
First half year 2005 results
Faurecia continues to grow outside Europe
Sales grew while European automotive production slightly declined:
- Sales up 1.7%
- Sales increased 2.5%, excluding monoliths (at constant exchange rates and on a comparable basis).
Substantial growth outside Europe (at constant exchange rates and on a comparable basis):
- Sales in Asia: up 40%,
- Sales in North America: up 14%,
- Sales in South America: up 23%.

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To access to First Half 2005 Results Webcast (July 21, 2005)

 
 

Detailed financial Half Year accounts

 

 

 
 
[May 23, 2005]
Report of the Annual General Meeting
The Annual General Meeting of shareholders was chaired by Pierre Lévi, Faurecia's Chairman and CEO, on May 23, 2005 in Paris.
The shareholders approved the company's results and agreed to a dividend of €1.10 per share to be paid on June 15, 2005.


 
 


[April 13, 2005]
2005 First-quarter Sales
Faurecia sales increased 0.4% to €2,616.1 million in the first quarter of 2005. Excluding monoliths, sales dropped 0.7% but are up 1.1% over the first quarter of 2004 at constant exchange rates and on a comparable basis. Exchange rates had a positive impact of 0.2%, while the effect of change in Group structure was a negative 2.0%. The group maintained growth outside Europe. In Europe, the decline in automobile production in the first quarter of 2005, coupled with the maturity of key vehicles for which Faurecia supplies, led to virtually stable sales.


 
 

[February 17, 2005]
Second Half and Full Year 2004 Results
Further progress for Faurecia
Second half 2004
- Sustained organic growth: + 7.2%*
- Further improvement in operating margin: + 0.3 percentage point (3.2% of sales)
- Sharp rise in net income: €51.8 million (€20.8 million excluding capital gains on disposals), compared to a loss of €6.1 million in the second half of 2003.
- Debt reduction of €169 million.
*excluding monoliths, at constant exchange rates and on a comparable Group structure basis.

To access presentations

To access to webcast 2004 annual results on February 17 (in French)

 
 

Detailed Financial annual accounts 2004

(French GAAP and IFRS)

 

 
 
[January 13, 2005]

2004 Four quarter Sales
Sales growth at Faurecia in Q4
Faurecia's Group sales rose by 3.0% in the fourth quarter. This growth was obtained despite a slight slowdown in European automotive production. Excluding monoliths, sales rose by 1.8% and 4.2% at constant exchange rates and on a comparable Group structure basis. The negative impact of the exchange rate and change in Group structure represented respectively 0.8% and 1.6%.

 

 
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