RPT-Faurecia sets 22 bln eur sales goal for 2016

Newswire

(Repeats to attach to Reuters alert) PARIS, Nov 12 (Reuters) - French auto-parts maker Faurecia is targeting revenue of 22 billion euros ($28 billion) in 2016, of which 55 percent will be generated outside Europe, the company said on Monday. Faurecia is also aiming for an operating profit margin above 5 percent and net debt below 50 percent of earnings before interest, tax, depreciation and amortisation, the company said in an emailed statement. ($1 = 0.7868 ...

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