PARIS, Feb 8 (Reuters) - Faurecia, the world's biggest maker of car interiors and exhausts, said second-half profit surged 30 percent on a strong recovery in U.S. auto production. Operating income rose to 311 million euros ($412 million), or 3.9 percent of sales, from a 3.3 percent operating margin a year earlier, the French company said in a statement on Wednesday. Net income rose 85 percent to 185 million euros on a 15 percent gain in sales to 8.04 billion euros. For 2012, Faurecia ...
Premium Content (PAID Subscription Required)
"Faurecia Profit Surges on U.S. Auto Recovery" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.