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Faurecia SE Guidance Call Transcript
Good day, and thank you for standing by. Welcome to the Faurecia 2021 Guidance Adjustment Call. (Operator Instructions) Please be advised today's conference is being recorded. I would now like to hand the conference over to your speaker today, Michel Favre. Please go ahead.
Thank you very much. Good morning, ladies and gentlemen. Thank you for attending this conference call. I am as usual with our Investor Relations team, Marc and Mathieu. And we have organized this conference call in order to comment on the press release that we issued this morning at 7 a.m. Paris Time, and that is also available on our website. Then we will answer all your questions.
This press release was issued to announce an adjustment of our 2021 guidance. This is the second adjustment this year, which is completely unusual in the recent history of Faurecia, and we do apologize for this announcement. I insist, we do apologize for that.
As indicated in the press release, it is caused by 3 main
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