Strong organic sales outperformance of +960bps
- Resilient performance with operating margin of 3.7% of sales & net cash flow of €102m
- Confirmed full-year 2022 guidance
- Integration of HELLA on track
Faurecia, which sealed its takeover of Germany's Hella in early February, on Monday forecast a rise in annual sales, as it expects semiconductor shortages to ease starting in the second half of 2022.
