Slide 1: Q1 2023 Sales
Q1 2023 SALES ❯ Strong start of the year with sales growth of +29% to €6.6bn, driven by: • Organic growth of +17.6%, well above automotive production growth of +2.7% • Residual scope effect (one month) of +12.0% from the consolidation of Hella ❯ FY 2023 guidance confirmed
Slide 2: Preliminary note: 2022 sales by quarter and BG restated for IFRS 5
Preliminary note: 2022 sales by quarter and BG restated for IFRS 5 Faurecia’s SAS Cockpit Modules division (assembly and logistics services), whose contemplated disposal was announced on February 19, 2023, is now presented as Discontinued operations with the following impact on the Group’s 2022 cons
Slide 3: Summary
Summary 01 Q1 2023 sales review 02 Update on disposal program 03 FY 2023 guidance confirmed
Slide 4: Q1 2023 sales of €6.6bn, +29.0% reported and +17.6% organic
Q1 2023 sales of €6.6bn, +29.0% on a reported basis and +17.6% on an organic basis; strong outperformance of 1,490bps ❯ Strong sales growth of +29% on a reported basis, driven by: • Scope effect of +12.0%, related to one additional month of HELLA (consolidated since February 1, 2022) • Organic growt
Slide 5: Seating and Interiors
Seating Interiors 31% of Group consolidated sales in the period 18% of Group consolidated sales in the period €376m - €2,036m €1,675m €(15)m €176m - €1,188m -0.9% +22.5% €1,015m €(3)m -0.3% +17.3% vs. automotive production vs. automotive production growth** of +2.7% growth** of +2.7% IFRS 5* (Hella
Slide 6: Clean Mobility and Electronics
Clean Mobility Electronics 18% of Group consolidated sales in the period 15% of Group consolidated sales in the period €123m - €1,209m €1,009m €1,094m €(7)m €247m -0.6% €90m +11.2% €678m €(7)m +13.3% +36.4% -1.0% vs. automotive production vs. automotive production growth** of +2.7% growth** of +2.7%
Slide 7: Lighting and Lifecycle Solutions
Lighting Lifecycle Solutions 14% of Group consolidated sales in the period 4% of Group consolidated sales in the period €281m €922m €88m €280m €117m €26m €518m €6m €169m €(3)m +54.3% +52.1% -2.0% +15.4% +1.2% +22.6% vs. automotive production vs. automotive production growth** of +2.7% growth** of +2
Slide 8: Q1 2023 sales by region, outperforming regional markets
Q1 2023 sales by region, outperforming regional markets in €m EMEA o/w Europe AMERICAS o/w North America ASIA o/w China GROUP Q1 2022 as released April 2022 2,472 2,417 1,483 1,338 1,367 1,071 5,322 Q1 2022 IFRS 5* 2,379 2,324 1,427 1,288 1,343 1,047 5,149 Currency effect (31) (25) 51 64 (50) (37) (
Slide 9: Summary
Summary 01 Q1 2023 sales review 02 Update on disposal program 03 FY 2023 guidance confirmed
Slide 10: €1bn disposal program by end-2023 on track
€1bn disposal program by end-2023 on track 2022 Disposal by HELLA of its 33% stake in HBPO, closed before year-end for €290m February 20, 2023 Along with FY 2022 results release, FORVIA announced it had completed the Group’s €1 billion disposal program through contemplated transactions (including th
Slide 11: Summary
Summary 01 Q1 2023 sales review 02 Update on ongoing topics 03 FY 2023 guidance confirmed
Slide 12: FY 2023 guidance confirmed
FY 2023 guidance confirmed ❯ The Group confirms its FY 2023 guidance, as announced on February 20, 2023. ❯ This guidance is based on the main following assumptions: • Worldwide automotive production of 82 million vehicles in 2023, broadly flat vs. actual production in 2022 and more conservative than
Slide 13: On track to achieve 2025 targets
On track to achieve 2025 targets ❯ The Group also confirms its FY 2025 targets, as presented at the Capital Markets Day held on November 3, 2022. ❯ These targets are based on the main following assumptions: • Worldwide automotive production of 88 million vehicles in 2025, more conservative than S&P’
Slide 14: Appendix
00 APPENDIX
Slide 15: Definitions of terms (1/3)
Definitions of terms Used in this document (1/3) 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 “G
Slide 16: Definitions of terms (2/3)
Definitions of terms Used in this document (2/3) ADJUSTED EBITDA Adjusted EBITDA is Operating income as defined above + depreciation and amortization of assets; to be fully compliant with the ESMA (European Securities and Markets Authority) regulation, this term of “Adjusted EBITDA” will be used by
Slide 17: Definitions of terms (3/3)
Definitions of terms Used in this document (3/3) NET CASH-FLOW Net cash-flow is defined as follow: Net cash from (used in) operating and investing activities less (acquisitions)/disposal of equity interests and businesses (net of cash and cash equivalents), other changes and proceeds from disposal o
Slide 18: Financial Agenda
Financial Agenda May 30, 2023 Annual Shareholders' Meeting Nanterre July 27, 2023 H1 2023 results Before market hours October 20, 2023 Q3 2023 sales Before market hours
Slide 19: Investor relations
Investor relations Share Data Bloomberg Ticker: EO:FP Reuters Ticker: EPED.PA Datastream: F:BERT ISIN Code: FR0000121147 Marc MAILLET Tel: +33 1 72 36 75 70 Bonds ISIN Codes E-mail: marc.maillet@forvia.com 2025 bonds: XS1785467751 2026 bonds: XS1963830002 23-27, avenue des Champs Pierreux 2027 bonds
Slide 20: Disclaimer
Disclaimer 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 results or any other performance indicator. In some cases, yo
Slide 21: -ORVIA
-ORVIA ‘Faurecia