Investors Hit Faurecia As Debt Exceeds Guidance

Proof that the price of unsettling investors can be high has been highlighted by Faurecia’s confirmation that trading difficulties in the final two months of 2012 resulted in a net financial debt level – at €1.81bn (US$2.42bn) – that was “above guidance.” The company’s share price has subsequently tumbled around Subscribe to Automotive World to … Continued

Proof that the price of unsettling investors can be high has been highlighted by Faurecia’s confirmation that trading difficulties in the final two months of 2012 resulted in a net financial debt level – at €1.81bn (US$2.42bn) – that was “above guidance.” The company’s share price has subsequently tumbled around

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