Forvia SE (OTCPK:FURCF)
$ 9 0.59 (7.02%) Market Cap: 1.67 Bil Enterprise Value: 10.53 Bil PE Ratio: 8.63 PB Ratio: 0.38 GF Score: 64/100

Q1 2020 Faurecia SE Corporate Sales Call Transcript

Apr 20, 2020 / 06:00AM GMT
Release Date Price: $31.26
Operator

Good morning, ladies and gentlemen. Thank you for standing by, and welcome to the Faurecia's Q1 2020 sales. (Operator Instructions) I must also advise you that this conference today, 20th of April 2020, is being recorded.

I would like now to hand the conference over to your CFO, Michel Favre. Please go ahead.

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

Thank you, Stefania. Good morning, ladies and gentlemen. Thank you for attending this conference call. I hope all of you and your families are very well. I am with Olivier Durand, our Deputy CFO; Marc Maillet and Anne-Sophie Jugean, our well-known Investor Relations team.

I will present our sales figure for the first quarter as well as the measures taken by the group to face this COVID-19 crisis. The press release was posted this morning at 7:30 Paris Time on our website, and the slide show that I am now going to comment is also available on our website.

Let's start on Slide 3 with the key messages and an update about the current situation. As you know,

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