Faurecia : Day One presentation: focus now turns to execution
>Day One presentation a few days after closing Hella deal - A few days after finalising the acquisition of Hella, Faurecia yesterday held a “Day One” press conference for the combined new entity. The event was an opportunity for management (both Faurecia and Hella CEOs were the key speakers) to defend the strategic rationale behind the transaction, highlighting the strong megatrends positioning of the new entity (electrification, ADAS notably), the resulting reduction...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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