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03.31.2023
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- 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
- 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
Group
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03.16.2023
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An overview of our vision, strategy and performance in pioneering technology for mobility experiences that matter to people
Group
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02.28.2023
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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
Group
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02.19.2023
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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
- 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
Group
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02.16.2023
Faurecia, a company of the FORVIA Group, has entered into exclusive negotiations with Cummins for the potential sale of a designated part of its commercial vehicle exhaust aftertreatment business in Europe and in the United States for an enterprise value of EUR150 million.
Group
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01.24.2023
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FORVIA is proud to equip the Jeep Avenger, voted European Car of the Year, as well as providing key technologies for almost all the finalists in this 60th edition of the competition.
Group
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01.19.2023
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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%.
Group