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Car parts maker Faurecia sees record profits in 2022, shares rise

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PARIS (Reuters) - French car parts maker Faurecia said it was targeting record sales, profits and cash generation in 2022 as a result of its strategy programme and the boost from its acquisition of Japanese company Clarion, lifting its shares.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..
Date Published: Nov 26, 2019
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