Faurecia’s H1 sales drops 31.2% y/y to USD6.9 billion

Financial results

French supplier won EUR12 billion (USD14 billion) worth of new business order in the first six months of 2020

Faurecia’s sales declined 31.2% y/y to EUR6.2 billion in the first half of the current financial year ended 30 June 2020, the company said in a press release on 27 July. At constant scope and currencies, the company witnessed 35.4% y/y decline in sales compared to 34.4% y/y drop in global vehicle production.

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