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2005 |
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[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.
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[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.
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[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%.
To
access our publications
To access to First Half 2005 Results Webcast
(July 21, 2005)
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Detailed
financial Half Year accounts
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 [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.
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[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.
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[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)
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Detailed
Financial annual accounts 2004
(French GAAP and IFRS) |
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[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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