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[October 12, 2006]
Third quarter 2006 shows stable sales
Faurecia sales increased 3.7% to ?2,589.1 million in the third quarter of 2006 and dipped 0.3% at constant exchange rates, excluding monoliths. Exchange rate fluctuations had a negative impact of 0.4%. | |
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[September 18, 2006]
Faurecia receives the "Janus de l'Industrie 2006" award for its Happy Attitude concept car
Faurecia received the "Janus de l'Industrie 2006" award from the French Foreign Trade Minister, Christine Lagarde, for its latest concept car, Happy Attitude. The award ceremony was organized at the Senate in Paris by the French Design Institute.
 Take a virtual visit of different vehicle interior designs.
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[September 8, 2006]
Grégoire Olivier appointed Chairman and CEO of Faurecia
Faurecia?s Board of Directors met today to appoint Grégoire Olivier President and Chairman of the Board of the Group, effective as of this day, September 8, 2006. | |
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[August 2, 2006]
Board of Directors' meeting
Following a meeting of Faurecia's Board of Directors today, the following decisions have been taken.
As a consequence of the current judicial inquiry in Germany and in the best interests of the Group, Pierre Lévi has decided to resign as Chairman and Chief Executive Officer of Faurecia. | |
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[July 24, 2006]
2006 First Half results
Highlights of the first half of 2006:
• Drop in business with French automakers, and increase in restructuring,
• Sustained growth outside Europe, and an excellent year for site creations,
• Negative price/cost effect: higher raw material and energy costs, pressure on selling prices,
• Drop in operating margin to 1.4% of sales,
Slight increase in debt. | |
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[May 2, 2006]
Faurecia Honored by General Motors as a 2005 Supplier of the Year
Faurecia has been named a General Motors Supplier of the Year for seats for its overall business performance in providing GM with world-class parts and services. This marks the second consecutive year in which Faurecia has received the prestigious honor. The award was given during ceremonies held Saturday, April 29, at the General Motors Vehicle Engineering Center in Warren, Mich. | |
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[April 19, 2006]
Faurecia contributes to the performance of the Citroën C6 in terms of pedestrian safety
Faurecia has demonstrated its expertise in safety by developing, together with Citroën, the front and rear bumpers of the Citroën C6. This new vehicle is the first to be awarded the top rating (four stars) for pedestrian safety in the Euro NCAP crash tests. | |
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[April 13, 2006]
Sales increased by 3.4% in the 1st quarter 2006 and continues to grow outside of Europe
In the first quarter of 2006, Faurecia's total sales increased by 3.4% to ?2,908.2 million, excluding monoliths and at constant exchange rates, on a slight downturn in European automotive production. The Group continues to expand outside Europe, with an increase in sales of 31% in North America and 37% in Asia.
The increase of 3.4% in the first quarter does not indicate accurately the full first half sales; the number of working days in the second quarter 2006 will be less than that of the previous year. | |
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[February 6, 2006]
Second Half and Full Year 2005 results
• Strong growth outside of Europe offset the decline in sales to French automotive manufacturers
• Operating margin down:
- Impact of higher raw materials prices
- Decline in Vehicle Interiors
- Other activities (Seating, Exhaust Systems and Front Ends) were on target
• Net income includes the Vehicle Interior impairment and restructuring provisions. | |
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[January 13, 2006]
Slight increase in sales in the 4th quarter and for the full year
Faurecia sales increased 5.0% to ?2,869.5 million in the fourth quarter of 2005. Excluding monoliths, sales were up 2.7%, representing growth of 0.8% at constant exchange rates and on a comparable basis (like-for-like). Exchange rate fluctuations had a positive impact of 2.2%, while changes to the consolidation scope had a negative impact of 0.3%. | |
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[January 11, 2006]
Faurecia?s Growth in North America Spurs Plans for six New Plants in 2006
TROY, Michigan (USA) ? Faurecia today announced plans to open six new facilities throughout the United States. Headquartered in Troy, Michigan, Faurecia North America is scheduled to open additional plants in Michigan, Ohio and South Carolina. This expansion of the North American footprint will support production for new programs with several OEMs. | |
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