FURCF - Faurecia S.E.
Chart Events
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 22.50 |
| Open | 22.50 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 22.50 - 22.50 |
| 52 Week Range | 10.00 - 25.00 |
| Volume | |
| Avg. Volume | 192 |
| Market Cap | 4.433B |
| Beta (5Y Monthly) | 2.00 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -2.35 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | Jun 03, 2021 |
| 1y Target Est | N/A |
Fair Value
Related Research
GlobeNewswireTotal number of voting rights and shares forming the share capital
Nanterre, 6 June 2023 Total number of voting rights and shares forming the share capital (Article L. 233-8 II of the French Commercial Code and Article 223-16 of the General Regulation of the French Financial Markets Authority) __________________ Trading place: Euronext Paris Compartment: A ISIN code: FR0000121147 LEI code: 969500F0VMZLK2IULV85 Date Number of shares Total number of voting rights (theoretical) (1) 31 May 2023 197,089,340 210,063,707 (1) In accordance with the provisions of Articl
ZacksCummins (CMI) Signs Deal to Buy Faurecia's Manufacturing Plants
Cummins (CMI) to acquire Faurecia's commercial vehicle manufacturing facilities and related activities in Roermond and Columbus for EUR142 million.
- GlobeNewswire
FAURECIA SIGNED AN AGREEMENT TO TRANSFER TO CUMMINS A PART OF ITS COMMERCIAL VEHICLE BUSINESS IN EUROPE AND IN THE UNITED STATES
FAURECIA SIGNED AN AGREEMENT TO TRANSFER TO CUMMINS A PART OF ITS COMMERCIAL VEHICLE BUSINESS IN EUROPE AND IN THE UNITED STATES Following an exclusive negotiations phase, Faurecia, a FORVIA Group company, and Cummins have signed a Share and Asset Purchase Agreement under which Faurecia will sell a part of its commercial vehicle exhaust aftertreatment business in Europe and the US to Cummins for an enterprise value of 142EUR million after final technical adjustments. The agreement transfers two
- GlobeNewswire
FORVIA CONFIRMS THE SUCCESSFUL PROGRESS OF ITS ASSET DISPOSAL PROGRAM WITH THE ENTRY OF STELLANTIS IN SYMBIO'S CAPITAL
NANTERRE (FRANCE)MAY 16, 2023 FORVIA CONFIRMS THE SUCCESSFUL PROGRESS OF ITS ASSET DISPOSAL PROGRAM WITH THE ENTRY OF STELLANTIS IN SYMBIO'S CAPITAL With the acquisition by STELLANTIS of a stake in SYMBIO (a joint venture between Faurecia and MICHELIN), confirmed this morning in a joint press release by the three partners, Faurecia will receive a total amount of €150 million which will contribute to its €1 billion asset disposal program by the end of 2023. This asset disposal program includes tw
- GlobeNewswire
Combined General Meeting of May 30th, 2023 - Availability of preparatory documents
NANTERRE (FRANCE)May 9th, 2023 COMBINED GENERAL MEETING OF MAY 30th, 2023AVAILABILITY OF PREPARATORY DOCUMENTS Faurecia informs its shareholders that they are convened to the Combined Shareholders' Meeting to be held on Tuesday, May 30th, 2023, at 2 p.m. (Paris time) at the registered office in Nanterre. The meeting notice was published in the Bulletin des annonces légales obligatoires (BALO) on April 24th, 2023, and the convening notice will be published in the BALO and in the legal gazette Act
- GlobeNewswire
FORVIA FAURECIA: FIRST-QUARTER 2023 SALES
Nanterre (France), April 17, 2023 FIRST-QUARTER 2023 SALES SALES GROWTH OF +29% IN THE QUARTER TO €6.6bn DRIVEN BY ORGANIC GROWTH OF +17.6% in €m Q1 2022 as Q1 2022 Currency Organic Scope effect Q1 2023 Reported released in April 22 IFRS 5* effect growth (Hella 1 month) change Group sales 5,322 5,149 -30 908 617 6,644 +29.0% % of last year's sales -0.6% +17.6% +12.0% Worlwide auto. prod.** (m units) 19,924 +2.7% 20,469 FORVIA's outperformance (bps) 1,490 * Restated for SAS (part of the "Interior
- Reuters
French car parts maker Faurecia opens $147 mln plant in Mexico
French car parts maker Faurecia opened a $147 million plant in Mexico to make car seats and interiors, the company said on Thursday, the latest in a string of auto sector investments driving the country's so-called "nearshoring" boom. Faurecia said it expects the plant in the northern border state of Nuevo Leon, serving clients such as Volvo and Stellantis, to produce more than 2 million vehicles' worth of car seats a year by 2025. Of the 125 high-level investments to land in Nuevo Leon in recent years, more than a quarter belong to the auto sector, state Economy Minister Ivan Rivas said in a statement.
- GlobeNewswire
Availability of Universal Registration Document
Nanterre (France), February 28th, 2023 Availability of Universal Registration Document 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. The 2022 Universal Registration Document notably includes: the annual financial report;the Board of Directors’ report on the corporate governance;the management report including extra-financial performance declaration;the description of the sh
- GlobeNewswire
FORVIA Faurecia’s FY 2022 results
Nanterre (France), February 20, 2023 OUR ACHIEVEMENTS: GROWTH, RESILIENCE, CASH GENERATION & DELEVERAGING GROWTH: SALES OF €25.5BN, +63% ON A REPORTED BASIS AND +17% ON AN ORGANIC BASISRESILIENCE: OPERATING MARGIN OF 5.0% IN H2 2022 AND 4.4% IN FY 2022CASH 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 OUR PRIORITIES: DELEVERAGING, INTEGRATION & SUSTAINABLE GROWTH DELEVERAGING: €1BN DISPOSAL PROGRAM FULFILLED THROUGH CON
- GlobeNewswire
FAURECIA TO SELL ITS “SAS” COCKPIT MODULES DIVISION TO THE MOTHERSON GROUP
NANTERRE (FRANCE)FEBRUARY 19, 2023 FAURECIA TO SELL ITS “SAS” COCKPIT MODULES DIVISION TO THE MOTHERSON GROUP Faurecia, a company of the FORVIA Group, has received a firm and binding commitment from the Motherson Group to acquire 100% of “SAS” Cockpit Modules division (“SAS”), a leading global provider of assembly and logistics services for the automotive industry, based on an enterprise value of €540 million. Motherson is a diversified manufacturing specialist and one of the world’s leading aut
- GlobeNewswire
FAURECIA AND CUMMINS IN EXCLUSIVE NEGOTIATIONS REGARDING THE POTENTIAL SALE OF A DESIGNATED PART OF FAURECIA’S COMMERICAL VEHICLE EXHAUST BUSINESS IN EUROPE AND THE UNITED STATES
NANTERRE (FRANCE)FEBRUARY 16, 2023 FAURECIA AND CUMMINS IN EXCLUSIVE NEGOTIATIONS REGARDING THE POTENTIAL SALE OF A DESIGNATED PART OF FAURECIA’S COMMERICAL VEHICLE EXHAUST BUSINESS IN EUROPE AND THE UNITED STATES 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. The potentia
- GlobeNewswire
Faurecia completes the refinancing of the HELLA acquisition
NANTERRE (FRANCE)JANUARY 18, 2023 FAURECIA ENTIRELY REFINANCED THE HELLA ACQUISITION THROUGH PRICING AN ADDITIONAL €250 MILLION OF SUSTAINABILITY-LINKED SENIOR NOTES 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%. The proceeds of the issuance of
ReutersStellantis in talks to buy 'substantial' stake in hydrogen mobility company Symbio
Stellantis has entered exclusive talks with France's Faurecia and Michelin to buy a "substantial" stake in their Symbio joint venture, a fuel cell system maker for hydrogen mobility, the three companies said on Friday. Stellantis, the world third-largest carmaker, launched hydrogen-powered mid-size vans late last year and aims to expand its hydrogen offer to large vans in Europe in 2024 and in the U.S. in 2025, "while further exploring opportunities for heavy-duty trucks". Chief Executive Carlos Tavares said Symbio's technical roadmap "perfectly" matched with Stellantis hydrogen roll-out plans in Europe and in the U.S.
- GlobeNewswire
Faurecia successfully prices €700 million of sustainability-linked senior notes due 2026 (the “SL NOTES”)
Not for distribution, directly or indirectly, in the United States, Canada, Australia or Japan Nanterre (France), November 8th, 2022 Faurecia successfully prices €700 million of sustainability-linked senior notes due 2026 (the “SL NOTES”) Faurecia has successfully priced €700 million in aggregate principal amount of SL Notes at 7.25%. The SL Notes are to be issued under Faurecia's Sustainability-Linked Financing Framework established in October 2021. We executed an interest pre-hedging arrangeme
- GlobeNewswire
FORVIA Capital Market Day
Nanterre (France), November 3, 2022 2022 CAPITAL MARKETS DAY FORVIA UNVEILS POWER25 PLAN PROFITABLE GROWTH, CASH GENERATION & DELEVERAGING Faurecia and HELLA, operating together as FORVIA, are today hosting their first joint Capital Markets Day from 11:00am CET, during which the Group will present Power25, its new medium-term plan to drive profitable growth, enhance cash generation and accelerate Group deleveraging. Having embarked upon a profound transformation marked by Faurecia’s independence
- GlobeNewswire
THIRD-QUARTER 2022 SALES
Nanterre (France), October 21, 2022 THIRD-QUARTER 2022 SALES SALES GROWTH OF 92% IN THE QUARTER, MAINLY DRIVEN BY: Strong year-on-year growth in worldwide automotive production, from a favorable comparable base in Q3 2021Outperformance of +140bps or +490bps restated for unfavorable geographic mix of -350bps, leading to organic growth (constant scope and currencies) of +31%Scope effect of 54% or €1.8bn from the consolidation of HELLA (as from Feb. 1) in €m Q3 2021* Q3 2022* Change Sales, of which
ReutersFaurecia may be 'last of the Mohicans' in pollution control - CEO
Faurecia does not intend to let go of its pollution control business despite the scheduled end of combustion engine sales, as the business will remain profitable for a long time and help reduce debt, the automotive equipment supplier's chief executive told Reuters. "We occupy more than 65% of the market share (with our two main competitors), so our probability of being the last of the Mohicans is very strong, and that is very valuable," CEO Patrick Koller said at the press days of the 89th Paris Motor Show. "Other companies will have to throw in the towel because they will no longer have the space to operate ... and since customers need a supplier, we can regain market share without investing in capacity," he added.
ReutersFaurecia gets 213 million euros from the EU to develop hydrogen tanks
(Reuters) -France's Faurecia said its project to develop a new generations of hydrogen tanks was granted 213 million euros ($209 million) of support from the European Commission as part of the Hydrogen IPCEI programme. Faurecia's "Historhy Next" project aims to develop new generations of hydrogen tanks, both gaseous and liquid, by the end of 2027, it said in a statement. Faurecia, part of the Forvia group formed after its merger with German car parts company Hella, added that production would start in 2024 at its Allenjoie plant in France's Bourgogne-Franche-Comté region, with a goal of producing more than 100,000 units per year.
- GlobeNewswire
HELLA’S ANNOUNCED DIVESTMENT OF ITS 33% STAKE IN THE JOINT-VENTURE HBPO FOR €290 MILLION MARKS A FIRST SIGNIFICANT STEP IN FORVIA’S TOTAL DIVESTMENT PROGRAM OF 1 BILLION EUROS BY 2023
Nanterre (France), July 28th, 2022 HELLA’S ANNOUNCED DIVESTMENT OF ITS 33% STAKE IN THE JOINT-VENTURE HBPO FOR €290 MILLION MARKS A FIRST SIGNIFICANT STEP IN FORVIA’S TOTAL DIVESTMENT PROGRAM OF 1 BILLION EUROS BY 2023 HELLA, company of the FORVIA Group, announced today that it has agreed the sale of its 33.33% stake in HBPO to its co-shareholder, Plastic Omnium. The agreed purchase price is c. €290 million, and the transaction is subject to customary regulatory approvals, with a closing expecte
- Reuters
UPDATE 1-European shares climb on easing energy worries as Norway strike ends
European shares rose on Wednesday as an end to strike by Norwegian oil and gas workers eased worries of energy supply crunch, while Just Eat Takeaway.com jumped after Amazon agreed to buy a stake in unit Grubhub. The continent-wide STOXX 600 was up 1.7%, after ending 2.1% lower in the previous session as the strike in Norway threatened to cut energy supplies.