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IAA Transportation 2022
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annonces

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BEI
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H1 2022
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- Strong organic sales outperformance of +960bps
- Resilient performance with operating margin of 3.7% of sales & net cash flow of €102m
- Confirmed full-year 2022 guidance
- Integration of HELLA on track

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sbti
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zero emission valley truck
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• “Zero Emission Valley” is the leading renewable hydrogen mobility project in France for professional fleets.
• 1 200 vehicles and 20 refilling stations deployed by 2024
• Co-financed with EU funding, Michelin, ENGIE, Auvergne-Rhône-Alpes region and their partners are steering the project through the company HYmpulsion.

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AGM 2022
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Following two years meetings held behind closed doors due to sanitary restrictions, Faurecia’s Combined General Meeting was held physically today at the Group’s headquarters under the chairmanship of Michel de Rosen. All resolutions were adopted.

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PPA on site
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© Médiathèque VEOLIA - Christophe Majani D'Inguimbert
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● A pioneering cooperation to address the challenge of developing recycled materials and achieve an average of 30% of recycled plastics for the automotive interior modules by 2025.
● An accelerated time-to-market and development thanks to the technological know-how and industrial capacities of both partners.

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mercedes
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Q1
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• Q1 2022 sales of €5.3bn, up 33% on a reported basis (including first two months of consolidation of HELLA)
• Organic sales growth of +1.1% (Faurecia stand-alone), outperforming automotive production by 530bps
• First release of FORVIA’s FY 2022 guidance (including 11 months of consolidation of HELLA)
• Increased financial flexibility to get through the current uncertain environment, thanks to covenant renegotiation, suspended dividend payment in 2022 and upgraded asset divestment program by end 2023

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