Car parts maker Faurecia sees record sales and profits in 2022

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Car parts maker Faurecia sees record sales and profits in 2022
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French car parts maker Faurecia said it was targeting record sales, profits and ...

FILE PHOTO: Patrick Koller, Chief Executive Officer of French car parts supplier Faurecia, poses before the company's 2016 annual results presentation in Paris, France, February 9, 2017. REUTERS/Philippe Wojazer

Faurecia, which is 46 percent owned by Peugeot-maker PSA , expected annual average sales growth of above 5 percent between 2019-2022, with sales reaching above 20.5 billion euros in 2022.

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