Faurecia’s FY 2020 sales decline 17.5% y/y to USD18 billion

Financial results

Forecasts strong recovery in sales, operating margin and net cash flow in 2021

Faurecia’s sales declined 17.5% year-over-year (y/y) to EUR14.65 billion (USD17.99 billion) in the financial year ended 31 December 2020, the company said in a press release on 22 February. Sales, at constant scope and currencies dropped 19.6% y/y.

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