Faurecia S.E. Stock News

Forvia SE (OTCPK:FURCF) Q1 2024 Earnings Conference Call April 18, 2024 2:00 AM ET Company Participants Olivier Durand - Group Chief Financial Officer Conference Call Participants Michael Jacks - Bank

Forvia SE (FURCF) Q4 2023 Earnings Call Transcript

Forvia SE (OTCPK:FURCF) Q3 2023 Earnings Conference Call October 20, 2023 2:00 AM ET Company Participants Olivier Durand - Executive Vice-President and Group Chief Financial Officer Conference Call Pa

Faurecia rebranded to Forvia after acquiring Hella to diversify and create economies of scale. Forvia had a good first semester with strong revenue and operating income, despite non-recurring expenses

Faurecia S.E. (OTCPK:FURCF) Q4 2022 Earnings Conference Call February 20, 2023 4:30 AM ET Company Participants Patrick Koller - CEO Olivier Durand - EVP and Group CFO Conference Call Participants Pier

Faurecia S.E. (OTCPK:FURCF) Q2 2022 Earnings Conference Call July 25, 2022 5:00 AM ET Company Participants Patrick Koller - Chief Executive Officer Olivier Durand - Executive Vice-President, Group Chi

(Reuters) – France’s Faurecia has appointed its current Chief Financial Officer Michel Favre the new CEO of Hella, the German car parts supplier it took over earlier this year, the company said in a statement on Friday.

The French car parts group expects full-year sales of 17.5 billion to 18 billion euros ($19.89 billion to $20.45 billion), up from 15.6 billion euros last year. Its operating margin is forecast to be between 6 percent and 7 percent compared with last year''s 5.5 percent.

© Reuters. FILE PHOTO: An illustration shows a car dashboard with a giant screen on the side of the Faurecia booth during the 2019 CES in Las Vegas, Nevada, U.S. January 8, 2019. REUTERS/Steve Marcus (Reuters) -French car parts group Faurecia, which sealed its takeover of Germanys Hella in early February, on Monday forecast a

(Reuters) French car parts group Faurecia on Monday forecast a rise in full-year sales, as it expects semiconductor shortages to ease from the second half of the year.

(Reuters) French car parts group Faurecia on Monday forecast a rise in full-year sales, as it expects semiconductor shortages to ease from the second half of the year. The group, which supplies car seats, dashboards and fuel systems to automakers, now sees 2022 sales of 17.5-18 billion euros ($19.89-20.45 billion), up from 15.6 billion Read More

Futures Tread Water Amid Peripheral Bond Rout As Key CPI Print Looms U.S. index futures swung around in a volatile, illiquid overnight session, and at last check were flat despite traders'' concerns about growing fireworks in the European bond market where Italian and Greek bond plunged amid fears of ECB rate hikes as soon as October, while waiting for Thursday''s key CPI data and further corporate earnings. S&P 500 futures were up 2 points or 0.05%, Nasdaq futures were up 26 points or 0.18% and Dow futures were up fractionally as markets now expect more than five quarter-point Federal Reserve interest-rate hikes in 2022 to keep inflation on check following a strong U.S. jobs report. Treasury yields and the dollar were stable, while the euro snapped a six-day strengthening run. WTI crude fell after last week''s rally. Chinese shares climbed on their return from a weeklong holiday. Bitcoin extended its recovery surge. In the premarket, Peloton was in focus, soaring 27% on reports it''s evaluating interest from potential suitors including Amazon and Nike.

PARIS (Reuters) French automotive group Faurecia said it would aim for sales of above 33 billion euros ($37.72 billion) in 2025, at an operating profit margin of above 8.5%, as it marked the completion of its takeover of German car parts supplier Hella.

Futures Reverse Gains As Nail-biting Volatility Enters February World stocks began the new month on firmer ground, after a volatile January, as reassuring comments from Federal Reserve officials helped to calm rate-hike jitters even though US futures failed to extend recent gains. After closing out January with a furious two-day, dip-buying meltup thanks to a flood of inbound month-end rebalancing, US index futures briefly traded through Mondays highs, backed by decent rally in European equities where financials outperformed, boosted by solid UBS earnings, before dipping lower as the volatility seen in past days lingered. At 7:00am ET, emini S&P futures traded 0.23%, or 10.5 points lower, Nasdaq futures were also red, some 31 points or 0.15% lower, and Dow futures dropped 0.2% as investors weighed cautious rate-hike commentary from Fed officials and awaited earnings from firms including Alphabet and General Motors. Treasuries climbed and the dollar weakened. Oil fell, but held close to seven-year highs.

Companies covered in automotive interior materials market are Freudenberg Performance Materials, SEIREN Co., Ltd, Yanfeng Automotive Interiors, Sage Automotive Interiors, TOYOTA BOSHOKU CORPORATION, Faurecia, Lear Corporation, Freudenberg Performance Materials, DK-Schweizer, Stahl Holdings B.V., Grupo Antolin, DuPont de Nemours, Inc., Adient plc and more players profiled. Companies covered in automotive interior materials market are Freudenberg Performance Materials, SEIREN Co., Ltd, Yanfeng Automotive Interiors, Sage Automotive Interiors, TOYOTA BOSHOKU CORPORATION, Faurecia, Lear Corporation, Freudenberg Performance Materials, DK-Schweizer, Stahl Holdings B.V., Grupo Antolin, DuPont de Nemours, Inc., Adient plc and more players profiled.