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Other OTC - Other OTC Delayed price. Currency in USD
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42.000.00 (0.00%)
At close: 09:32AM EST
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Trade prices are not sourced from all markets
Previous close42.00
Bid0.00 x 0
Ask0.00 x 0
Day's range42.00 - 42.00
52-week range30.10 - 42.95
Avg. volume63
Market cap9.369B
Beta (5Y monthly)1.47
PE ratio (TTM)51.85
Earnings dateN/A
Forward dividend & yield0.24 (0.58%)
Ex-dividend date03 Oct 2022
1y target estN/A
  • Reuters

    Forvia targets sales of around 30 billion euros in 2025

    The company lowered its assumption of global automotive production for 2025 to 88 million units, down by 6 million from its previous forecast, citing "tough macroeconomic conditions between 2021 and 2023". The group sees higher energy costs for 2023, but also a continued disruption in the supply of semiconductors that will ease but not resolve, Faurecia CEO Patrick Koller said in a call with journalists.

  • Reuters

    Forvia raises annual sales outlook on currency effects, car output

    (Reuters) -European car parts maker Forvia on Friday raised its sales guidance for the year on stronger-than-expected car output and positive currency effects, even as investors fret about the weakening outlook for the automotive market. Born from Faurecia's takeover of German rival Hella, Forvia forecast full-year sales of between 24.5 billion and 25.5 billion euros ($23.9 billion-$24.9 billion), up from 23 billion-24 billion euros previously. Forvia upgraded its global car production forecast by 3 million light vehicles to 77 million in 2022 - below the 79 million estimated by business information provider IHS Markit earlier this month - noting that it was remaining "cautious".

  • Reuters

    Faurecia may be 'last of the Mohicans' in pollution control - CEO

    Faurecia does not intend to let go of its pollution control business despite the scheduled end of combustion engine sales, as the business will remain profitable for a long time and help reduce debt, the automotive equipment supplier's chief executive told Reuters. "We occupy more than 65% of the market share (with our two main competitors), so our probability of being the last of the Mohicans is very strong, and that is very valuable," CEO Patrick Koller said at the press days of the 89th Paris Motor Show. "Other companies will have to throw in the towel because they will no longer have the space to operate ... and since customers need a supplier, we can regain market share without investing in capacity," he added.