Apr 17, 2023 / 06:00AM GMT
Operator
Good morning. This is the conference operator. Welcome, and thank you for joining the Forvia First Quarter 2023 Sales Conference Call. (Operator Instructions) At this time, I would like to turn the conference over to Mr. Olivier Durand, Group Chief Financial Officer. Please go ahead, sir.
Olivier Durand - Faurecia S.E. - Executive VP & Group CFO
Thank you. Good morning, everyone. I'm here with Yasmin (inaudible), our new controller and with Marc Maillet, who is leading our Investor Relations. So we are pleased to report our Q1 sales of '23. We are starting the year on the strong beat with a sales growth of 29%. to EUR 6.6 billion. This is an organic growth of 17.6% and I will come in detail on this.
In Page 2, I would like to start with the technical aspects. As we mentioned before in our annual call further to the deal for the disposal of our SAS cockpit module activity, we are applying as normal, the IFRS 5 regulation, which states that you have to report your numbers post major disposal in a pro forma fashion, as if the operation is already
Q1 2023 Faurecia SE Corporate Sales Call Transcript
Feb 13, 2024
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