Forvia SE (OTCPK:FURCF)

$ 10.13 0 (0%) Market Cap: 1.82 Bil Enterprise Value: 9.02 Bil PE Ratio: 8.76 PB Ratio: 0.39 GF Score: 64/100

Q1 2022 Faurecia SE Corporate Sales Call Transcript

Apr 26, 2022 / 06:00AM GMT

Release Date Price: $25.03

Transcript

Operator

Good day, and thank you for standing by. Welcome to the FORVIA Q1 2022 Sales Conference Call. (Operator Instructions) I would now like to hand the conference over to your speaker today, Michel Favre, Group CFO. Please go ahead.

Michel Alain Maurice Favre

Faurecia S.E. - Executive VP & Group CFO

Thank you, Sandra. Good morning, ladies and gentlemen. Thank you for attending this conference call. And with me today, (inaudible) our new Group Deputy CFO, Selim Hadj-Smail, our Finance and Treasury VP, and our strong IR team, Marc and Matthieu. I will present today our first quarter 2022 sales figures as well as our first FORVIA guidance for the full year 2022, which means full year for Faurecia and 11 months of consolidation of HELLA. I will also comment on recent measures taken to increase our financial flexibility in an environment that has become significantly more uncertain and volatile since we announced our full year 2021 results in February. The press release was posted this morning at 7:00 a.m. Paris Time on our website. The slide show that I am now going

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