Faurecia: confirms financial targets for 2017.

(CercleFinance.com) - Value-added sales reached 3.
790 billion euros in the third quarter of 2017, up 7.3% as reported (3.531 billion euros in the third quarter of 2016).

On an organic basis, value-added sales increased by 10.7% (after 8.5% growth in H1).

This organic growth demonstrates solid performance, which outperformed the market by 870 basis points (versus +2.0% growth in global car production), the group said.

The group benefited from strong organic growth at its three businesses (Seating: +9.5%, Clean Mobility: +10.1% and Interiors: +13.0%).


Copyright (c) 2017 CercleFinance.com. All rights reserved.