Faurecia’s revenue increased by 8.3% to €4.74bn in the last quarter which brought the ytd number to €15.25bn, an increase of a good 11%. Our current full-year sales forecast of €20.3bn leaves slightly more than €5bn for the final quarter. This seems to be rather low as it suggests turnover will fall marginally compared to Q4 14.
25 Oct 2015
Revenue growth moderated in Q3 15, but less strongly than expected
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Revenue growth moderated in Q3 15, but less strongly than expected
Forvia SE (FRVIA:PAR) | 0 0 (-1.4%) | Mkt Cap: 9,624m
- Published:
25 Oct 2015 -
Author:
Hans-Peter Wodniok - Pages:
Faurecia’s revenue increased by 8.3% to €4.74bn in the last quarter which brought the ytd number to €15.25bn, an increase of a good 11%. Our current full-year sales forecast of €20.3bn leaves slightly more than €5bn for the final quarter. This seems to be rather low as it suggests turnover will fall marginally compared to Q4 14.