Forvia SE (MIL:1FRVIA)

€ 8.5 0.142 (1.7%) Market Cap: 1.60 Bil Enterprise Value: 10.17 Bil PE Ratio: 8.63 PB Ratio: 0.38 GF Score: 62/100

Faurecia SE Capital Markets Day Transcript

Nov 26, 2019 / 10:30AM GMT

Transcript

Patrick Koller

Faurecia S.E. - CEO & Director

Good morning. I wish you a very warm welcome to this CMD. The last one was in May 2018. So it looks very far from today. You will see what we did in this period of time. So in a few words, what our intentions are today. We will concentrate on 3 main items. The first one is related to FCE, Faurecia Clarion Electronics. To tell you more about what is the actual situation in terms of profitability, in terms of growth, in terms of competitiveness and which product do we want to invest. We will make, of course, the link with cockpit of the future because it's the main reason why we made these investments. We will then speak about Clean Mobility with -- especially what we do in the domain of electrification. We are welcoming electrification, and we will try to demonstrate to you why we are seeing it an opportunity.

Considering the market conditions and the market conditions we have in front of us, I think it's necessary to continue to work on the resilience of the company, and we will tell you more about, first of all, our assumptions and on the other

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