Faurecia : Un T3 2019 peu rassurant en amont du CMD
>Un ralentissement plus important qu’anticipé au T3 - Faurecia a publié, hier, un CA T3 2019 de 4 185 M€, en net recul organique (-3.7%) et inférieur de 2% aux attentes. Cette publication confirme le ralentissement marqué de l’équipementier qui sous-performe la production (-3.1%). Si un ralentissement avait été évoqué par le management (et inclus dans la guidance annuelle), une surperformance était toutefois encore attendue, ce qui explique sans doute la réaction néga...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.
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.
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