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 2021 Faurecia SE Corporate Sales Call Transcript

Apr 19, 2021 / 06:00AM GMT

Release Date Price: $55.85 (-3.98%)

Transcript

Operator

Ladies and gentlemen, thank you for standing by, and welcome to first quarter from Faurecia. (Operator Instructions) After the speaker's presentation, there would be a question-and-answer session. (Operator Instructions)

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

Michel Alain Maurice Favre

Faurecia S.E. - Executive VP & Group CFO

Thank you. Good morning, ladies and gentlemen. I am Michel Favre, the Group's CFO. Thank you for attending the conference call. I am with Olivier Durand and Marc Maillet, our outstanding Deputy CFO and Head of Investor Relations.

I will present our sales figures for the first quarter. The press release was posted this morning at 7:00 a.m. Paris time on our website. And the slide show that now I am going to comment is also available on our website.

Starting with Slide 2. I would like first to highlight the restatements that we have made to our 2020 accounts. As announced on February 18, we have signed a memorandum of understanding for the sale of

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