Faurecia Reports 16% Surge In Q3 Revenue

Faurecia SA FURCF reported a 16% surge in its Q3 revenue. Its quarterly revenue climbed to EUR3.79 billion, versus analysts'estimates of EUR3.75 billion. Over the first nine months of this year, Faurecia's overall revenue jumped 18% to EUR11.94 billion. Faurecia now projects full-year sales of EUR15.7 billion to EUR15.9 billion, and an operating profit of between EUR620 million and EUR650 million.