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Faurecia – Company update

04/08/2017

Faurecia reported a strong semester and even upgraded its 2017 operating margin guidance. Furthermore, it could well be the case that the company could make bolt on acquisitions in order to achieve its strategy (create the cockpit of the future) ie adding technologies to its portfolio, focus on autonomous driving and connectivity, while it also aims to grow in the Clean Mobility business. While any acquisition will increase the company’s net leverage, the overall situation and the company outlook are excellent.

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