Forvia SE (XPAR:FRVIA)

€ 14.435 0.005 (0.03%) Market Cap: 2.84 Bil Enterprise Value: 9.76 Bil PE Ratio: 12.89 PB Ratio: 0.63 GF Score: 86/100

Faurecia SE Capital Markets Day Transcript

Feb 22, 2021 / 12:30PM GMT

Release Date Price: €40.31 (-4.65%)

Transcript

Patrick Koller

Faurecia S.E. - CEO & Director

(presentation)

Welcome to our 2021 CMD. And without waiting, thank you very much for your interest. So the agenda of today's event, we will start with new perspectives. I will show you how we see the future. Business group profitable growth. Each of our business group will shortly tell you what their strategic priorities are and how they want to grow profitable in the coming years until 2025 and until 2030 for clean mobility. We will have a specific focus on ESG strategy. Michel Favre will speak about our financial ambition, and we will end this meeting with takeaways and Q&A session.

So we are in the middle of the crisis, but we see light at the end of the tunnel. So our strategy has to respond to the challenges of the automotive industry. What are they? Social pressure for climate change and sustainability. This is very true, and this has accelerated everywhere, and accelerating electrification through regulations and also incentives. We make the assumption that full electric vehicles, battery electric vehicles and fuel cell

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