Mention rather well for Plastic Omnium and for Faurecia, renamed Forvia after having bought the German Hella in January.
The two French automotive suppliers recorded an increase in their sales in the first half.
If we isolate Faurecia in the new Forvia group, the seat specialist saw its turnover jump by 9%, to 697 million euros.
For its part, the world leader in bumpers and tailgates increased its sales by 4.3% to 4.3 billion.
A performance, because the car market is declining.
In the first half, it was down 14% in the European Union and 18% in the United States.
But if they achieved good commercial performances, these two equipment manufacturers do not have the same financial success.
Faurecia posted an operating margin of 3.7%, to 426 million, against 6.6% a year earlier (510 million).
Plastic Omnium also saw its operating margin erode, dropping from 6.2% to 4.6%.
“
We have suffered from the repeated stoppage of…
This article is for subscribers only.
You have 70% left to discover.
Cultivating your freedom is cultivating your curiosity.
Keep reading your article for €0.99 for the first month
I ENJOY IT
Already subscribed?
Login
