Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Faurecia    EO   FR0000121147


Delayed Quote. Delayed  - 08/30 05:35:00 pm
35.875 EUR   +0.94%
08/29 FAURECIA : partner of Clean Air events in South Korea
08/29 FAURECIA : sponsors the 2016 Formula Student Germany competition
08/23FAURECIA : The underlying trend is to the upside
News SummaryMost relevantAll newsSector news 

Faurecia To Buy Ford, ACH Interior Components Business

share with twitter share with LinkedIn share with facebook
share via e-mail
05/03/2012 | 07:53am EDT

French auto parts maker Faurecia SA (>> FAURECIA) said Thursday it will buy an interior components business based in Michigan and operated by Ford Motor Co. (F) and Automotive Components Holdings LLC for an undisclosed amount.

Faurecia, which is 57.4% owned by car maker Peugeot Citroen SA (>> PEUGEOT), said the components business generated annual sales worth $1.1 billion. With the new acquisition, Ford becomes Faurecia's third-largest customer.

Faurecia said the deal won't have a significant impact on its debt and cash position.

Faurecia also said it will set up a joint venture with Rush Group Ltd. which will be called Detroit Manufacturing Systems, which will manufacture car interior components in a new factory in Detroit. Rush Group will control the new venture and will operate it, while Faurecia will hold a 45% stake.

-By Inti Landauro, Dow Jones Newswires; +33 1 4017 1740; inti.landauro@dowjones.com

Stocks mentioned in the article : FAURECIA, PEUGEOT
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on FAURECIA
08/29 FAURECIA : partner of Clean Air events in South Korea
08/29 FAURECIA : sponsors the 2016 Formula Student Germany competition
07/26 2016 HALF YEAR RESULTS : Faurecia shows strong profitability improvement in firs..
07/26 FAURECIA : Strong profitability improvement in the first half 2016
07/21FAURECIA SA : half-yearly earnings release
07/18 FAURECIA : Catching emissions cheats, redesigning auto interiors
07/15 European Commission clears automotive equipment merger
07/13 'INNOVATION MEETUP' : when Faurecia speed dates French startups and SMEs
07/12 EUROPA-MERGERS : Commission clears acquisition of an automotive component busine..
07/11 FAURECIA : Sale of Faurecia Automotive Exteriors to Plastic Omnium authorized by..
More news
Sector news : Auto, Truck & Motorcycle Parts - NEC
08/25DJMettler-Toledo to Join S&P 500
08/23 Mobileye, Delphi aim to release self-driving system in 2019
08/23DJDELPHI AUTOMOTIVE : Today's Top Supply Chain and Logistics News From WSJ
08/23DJAuto-Parts Makers Unite to Develop Self-Driving System
08/23DJDelphi, Mobileye to Jointly Develop Self-Driving System
More sector news : Auto, Truck & Motorcycle Parts - NEC
News from SeekingAlpha
07/26 Faurecia's (FURCF) CEO Patrick Koller on Q2 2016 Results - Earnings Call Tran..
07/26 Faurecia SA ACT 2016 Q2 - Results - Earnings Call Slides
07/26 Faurecia SA ACT reports 1H16 results
04/14 Faurecia SA ACT reports Q1 results
2015 Faurecia Will Likely Announce A Takeover Bid For Lear Corp. Within A Few Mont..
Financials (€)
Sales 2016 19 096 M
EBIT 2016 937 M
Net income 2016 587 M
Debt 2016 361 M
Yield 2016 2,37%
P/E ratio 2016 8,73
P/E ratio 2017 9,58
EV / Sales 2016 0,28x
EV / Sales 2017 0,26x
Capitalization 4 900 M
More Financials
Duration : Period :
Faurecia Technical Analysis Chart | EO | FR0000121147 | 4-Traders
Full-screen chart
Technical analysis trends FAURECIA
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 38,5 €
Spread / Average Target 8,3%
Consensus details
EPS Revisions
More Estimates Revisions
Patrick Koller Chief Executive & Operating Officer
Yann Delabrière Chairman
Michel Favre Group Chief Financial Officer & EVP
Thierry Peugeot Non-Independent Director
Robert Peugeot Non-Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
FAURECIA-3.97%5 473
CONTINENTAL AG-16.34%41 964
DENSO CORP-26.38%32 674
HYUNDAI MOBIS CO., LTD..--.--%22 540
More Results