Forvia SE (XPAR:FRVIA)
€ 15 -0.3 (-1.96%) Market Cap: 2.95 Bil Enterprise Value: 9.88 Bil PE Ratio: 13.39 PB Ratio: 0.66 GF Score: 86/100

Q3 2019 Faurecia SE Corporate Sales Call Transcript

Oct 17, 2019 / 06:00AM GMT
Release Date Price: €38.08 (-6.52%)
Operator

Ladies and gentlemen, thank you for attending by, and welcome to the Faurecia Q3 2019 Sales Conference Call.

(Operator Instructions) I must advise you that this conference is being recorded today, Thursday, the 17th of October 2019.

And I'd now like to hand the conference over to your speaker today, Michel Favre. Please go ahead, sir.

Michel Alain Maurice Favre
Faurecia S.E. - Executive VP & Group CFO

Good morning, ladies and gentlemen. Thank you for attending this conference call.

I am with Olivier Durand, Deputy CFO; Marc Maillet and Anne-Sophie Jugean, in charge of investor relations.

I will present our sales figure for the third quarter as well as the strategic rationales for our project to acquire the remaining 50% of the JV SAS that we announced on Monday. The press release was posted this morning at 7 a.m., Paris time, on our website. And the slideshow I am now going to comment is also available on our website. You can go through the interlink, which is enclosed in the press release.

Slide 2

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