UPDATE 2-Faurecia 2004 profits up, warns on H1 2005 margins

Newswire

(Adds chairman statement, shares) By Louise Knowles PARIS, Feb 17 (Reuters) - French car-parts maker Faurecia posted a recovery in net profit on Thursday, boosted by sustained demand and operating improvements, but warned that tough sector conditions would hurt margins in 2005. "The first half of 2005 should show weak growth for Faurecia," Chairman and CEO Pierre Levi told a news conference, adding that he did not expect the company to grow any faster than the automobile production ...

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