UPDATE 2-Faurecia sees H2 profit below target

Newswire

(Adds further details, quotes) PARIS, Dec 19 (Reuters) - French car equipment maker Faurecia said on Monday it would not be able to meet its second-half profit margin target due to weakness in its Vehicle Interiors business and high raw material prices. It will also take restructuring charges in the second half and in 2006, Chief Financial Officer Frank Imbert said. Car parts makers such as Faurecia and Valeo are beeing squeezed by rising raw material prices on the one side and ...

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