Forvia Se · EURONEXT:FRVIA
Forvia — Faurecia — Q1 2021 Earnings Presentation
16 slides from Forvia's earnings presentation, Apr 19, 2021
Slide 1: Strong Q1 2021 Sales
STRONG Q1 2021 SALES ORGANIC SALES UP 12.2% STRONG OUTPERFORMANCE IN ALL REGIONS FY TARGETS CONFIRMED April 19, 2021
Slide 2: IFRS 5 - Discontinued Operations
IFRS 5 - Discontinued Operations On February 18, Faurecia announced that it had signed a Memorandum of Understanding for the sale of its AST (Acoustics and Soft Trim) division and all conditions are met to qualify this activity as discontinued, in compliance with IFRS 5 Therefore, Group sales in 202
Slide 3: Q1 2021 Highlights
Q1 2021 Highlights Strong organic growth of +12.2% ▸ Double-digit organic growth for Seating (+13.6%), Interiors (+11.7%) and Clean Mobility (+12.3%) ▸ Organic growth of +5.7% for Clarion Electronics, despite shortage of electronic components ▸ Organic growth of +88.4% in China, where sales even exc
Slide 4: Q1 2021 Group Sales up 12.2% on an organic basis
Q1 2021 Group Sales up 12.2% on an organic basis, with strong outperformance in all regions €4,325m €450m €4,005 €3,739m €3,678 -5.0% €60m €(183)m +1.6% +12.2% vs. worldwide automotive production +12.8%* Q1 2019 Q1 2020 Q1 2020 Currency Scope Organic Q1 2021 Reminder as released IFRS 5 effect effect
Slide 5: Seating and Interiors
Seating Interiors 39% of Group sales 30% of Group sales €191m €1,544m €129m €1,225m €1,402m €(49)m €1,103m €(67)m €60m -3.5% +13.6% -6.0% +5.4% +11.7% vs. worldwide vs. worldwide automotive production automotive production +12.8%* +12.8%* Double-digit organic growth of +13.6% Double-digit organic gr
Slide 6: Clean Mobility and Clarion Electronics
Clean Mobility Clarion Electronics 26% of Group sales 5% of Group sales €976m €(58)m €120m €1,038m €197m €(9)m €11m €199m -4.7% +5.7% -5.9% +12.3% vs. worldwide vs. worldwide automotive production automotive production +12.8%* +12.8%* Double-digit organic growth of +12.3% Organic growth of +5.7% Org
Slide 7: Europe and North America
Europe North America 51% of Group sales 23% of Group sales €1,014m €(88)m €1,869m €(28)m €35m €94m €1,970m €17m €9m €952m -1.5% +1.9% +5.0% -8.6% +1.6% +0.9% vs. regional vs. regional automotive production automotive production -0.9%* -4.5%* Organic growth of +5.0% and outperformance of Organic grow
Slide 8: Asia and South America
Asia South America 23% of Group sales 3% of Group sales €310m €928m €128m €(41)m €26m €113m €635m €(24)m €7m +48.6% €1m -3.7% +48.7% -32.1% +0.5% +20.1% vs. regional vs. regional automotive production automotive production +31.4%* +4.0%* Organic growth of +48.7% in Asia and Organic growth of +20.1%
Slide 9: Successful completion of the spin-off process
Successful completion of the “spin-off” process Since the effective distribution by Stellantis of its 39% stake, Faurecia is now an independent company with 85% free float and significantly increased share liquidity Reflecting this enhanced capital market profile, Faurecia was included into the CAC®
Slide 10: FY 2021 financial targets confirmed
FY 2021 financial targets confirmed Our guidance announced on February 22 was based on a prudent assumption of 76.6 million vehicles* produced in the world in 2021, up 8% vs. 2020 (IHS Markit forecast dated April stands at 79.7million vehicles) Our assumption remains valid, even taking into consider
Slide 11: Appendices
Appendices ● Q1 2021 Sales - April 19, 2021
Slide 12: Definitions of terms
Definitions of terms used in this document Sales growth Faurecia’s year-on-year sales evolution is made of three components: ▸ A “Currency effect”, calculated by applying average currency rates for the period to the sales of the prior year, ▸ A “Scope effect” (acquisition/divestment), ▸ And “Growth
Slide 13: Financial calendar
Financial calendar May 31 Annual Shareholders’ Meeting, virtual event July 26 H1 2021 Results, before market hours October 26 Q3 2021 sales, before market hours 13 ● Q1 2021 Sales - April 19, 2021
Slide 14: Disclaimer
Disclaimer Important information concerning forward looking statements This presentation contains certain forward-looking statements concerning Faurecia. Such forward-looking statements represent trends or objectives and cannot be construed as constituting forecasts regarding the future Faurecia’s r
Slide 15: Investor Relations
Share Data Bloomberg Ticker: EO:FP INVESTOR RELATIONS Reuters Ticker: EPED.PA Datastream: F:BERT ISIN Code: FR0000121147 Marc MAILLET Tel: +33 1 72 36 75 70 E-mail: marc.maillet@faurecia.com 23-27, avenue des Champs Pierreux Bonds ISIN Codes 92000 Nanterre (France) 2025 bonds: XS1785467751 2026 bond
Slide 16: Faurecia inspiring mobility
‘Faurecia inspiring mobility