Report
Anthony Dick ...
  • Michael Foundoukidis

Faurecia : Faurecia là où on l’attendait

>Un S1 sans mauvaise surprise, une capacité de rebond au S2 confirmée - Faurecia a publié, hier, des résultats S1 2020 globalement en ligne avec les attentes et qui ont témoigné de la forte résilience du groupe (EBIT, FCF) dans cet environnement difficile. Surtout, les perspectives sur le S2, bien que basées sur un scénario de production prudent (-15% vs IHS à -10%) lié à l’incertitude autour du T4 (Europe, US), confirment sa capacité de rebond, comme nous l’anticip...
Underlying
Faurecia SA

Faurecia is an automobile equipment supplier based in France. Co.'s activities can be divided into four business units: Automotive Seating (design of vehicle seats, manufacture of seating frames and adjustment mechanisms, and assembly of complete seating units); Emissions Control Technologies (design and manufacture of exhaust systems); Interior Systems (design and manufacture of instrument panels, door panels and modules, and acoustic components); and Automotive Exteriors (design and manufacture of front ends and safety modules). Some of Co.'s customers are PSA Peugeot Citroen, VW Group, Renault-Nissan, Ford Group, BMW and GM Group.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Anthony Dick

Michael Foundoukidis

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