FORVIA first-quarter 2022 sales
- Q1 2022 sales of €5.3bn, up 33% on a reported basis (including first two months of consolidation of HELLA)
- Organic sales growth of +1.1% (Faurecia stand-alone), outperforming automotive production by 530bps
- First release of FORVIA’s FY 2022 guidance (including 11 months of consolidation of HELLA)
- Increased financial flexibility to get through the current uncertain environment, thanks to covenant renegotiation, suspended dividend payment in 2022 and upgraded asset divestment program by end 2023
For the complete press release and presentation, please click here.
On the same topic