Press releases

- More than 33,500 square-meter facility will employ approximately 1,500 people
- Bioclimatic design principles optimize energy efficiency and support Group’s commitment to achieving carbon neutrality by 2045
- Location capitalizes on customer proximity and university relationships

The 2022 Universal Registration Document of Faurecia S.E. was filed with the French Financial Markets Authority (Autorité des marchés financiers) on February 28th, 2023

Our achievements: growth, resilience, cash generation & deleveraging
- Growth: sales of €25.5BN, +63% on a reported basis and +17% on an organic basis
- Resilience: operating margin of 5.0% in H2 2022 and 4.4% in FY 2022
- Cash generation: strong net cash flow of €471M
- Deleveraging: net debt/adj. EBITDA ratio at 2.6x at year-end vs. 3.1x at june 30

Faurecia S.E., a company of the FORVIA group, announces that it has successfully priced today the New Notes, sustainability-linked 7.25% senior notes due 2026 (the “New Notes”) following a private placement arranged by BNP Paribas. Faurecia priced the New Notes at 101.75% of par, or a yield of 6.65%.

- FORVIA, the 7th global automotive supplier, will reveal several world premieres at CES 2023 from January 5-8 in Las Vegas, Nevada.
-This marks the first CES with FORVIA presenting its combined portfolio of Faurecia and HELLA technologies addressing megatrends in electrification, automated driving, and personalized cockpits.
- FORVIA will showcase a series of groundbreaking technology and interactive experiences, demonstrating the Group’s leadership in sustainable materials, energy and weight saving, upgradability, recyclability, and circular economy design.
• The world's first Solid State Lighting High-Definition headlamp (SSL | HD) is a CES 2023 Innovation Award recipient.

• The world's first high-resolution headlamp based on matrix LED technology
• Implementation of new, safety-relevant lighting functions by means of intelligent control of up to 25,000 LEDs per chip
• Light module achieves up to 75% reduction of installation space

• MATERI’ACT will propose materials with up to 85% CO2 reduction versus current materials.
• The new entity brings more than 10 years of expertise in formulating and processing recycled and bio-sourced materials, including experience in variability management.
• Feedstocks secured with key partnerships (e.g Veolia for recycled plastics).
• Over €2bn sales in 2030.