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Faurecia, biggest drop in SBF 120 at mid-session of Monday, November 29, 2021 –

Yanoom by Yanoom
November 29, 2021
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Faurecia, biggest drop in SBF 120 at mid-session of Monday, November 29, 2021 -
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(AOF) – Faurecia (- 5.8% to 38 euros)

Faurecia retreats, carrying the rest of the sector in its wake. The French automotive supplier has adjusted its 2021 objectives downwards. It takes into account “three main impacts”: the new downward revision of automobile production in Europe, the difficulties in making it more flexible and compensating for costs relating to shutdowns / restarts production and finally, exceptional costs linked to difficulties in launching a program in the United States (head office activities in Michigan).

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