Standard & Poors assigns Faurecia their 'BB+' long-term corporate credit ratings, with a stable outlook.
The stable outlook reflects their view that Faurecia will gradually improve its profitability, with an S&P Global Ratings-adjusted EBITDA margin widening toward 9% in 2018 and funds from operations to adjusted debt within the 35%-40% range.
Read more in S&P Global's press release below
Executive Vice-President, Finance
Michel Favre graduated from HEC business school in 1982 began his career as bank auditor and consultant. He worked with Valeo during 13 years before joining Altadis Group in July 2001, where[...]
Vice President Investor Relations