News Formal

Car parts group Faurecia 2019 profits rise, sees challenging market in 2020

  • 📰 Reuters
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

French car parts group Faurecia reported a rise in annual profits and sales, and...

FILE PHOTO: An illustration shows a car dashboard with a giant screen on the side of the Faurecia booth during the 2019 CES in Las Vegas, Nevada, U.S. January 8, 2019. REUTERS/Steve Marcus/File Photo

Faurecia, which bought Japanese peer Clarion last year, said annual operating income for 2019 had risen by 0.7% from the previous year to 1.283 billion euros . Last November, Faurecia said it was targeting reaching sales of more than 20.5 billion euros by 2022.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MORGAN STANLEY: Buy these 25 non-Tesla stocks to cash in on the electric-car revolution - Business InsiderMorgan Stanley says growth in electric car sales may be more dramatic than investors expect, as they could out-sell traditional cars by the 2030s.
Source: BusinessInsider - 🏆 729. / 51 Read more »