Monday, July 27, 2020

Faurecia expects return to profitability in second half

The French supplier reported a first-half operating loss of $134 million, with sales falling by 35 percent. CEO Patrick Koller expects a profit margin of 4.5 percent in the second half, with a net cash flow of $705 million.



from Section Page News - Automotive News https://ift.tt/3g6EcP3

No comments:

Post a Comment