Novares Group (XPAR:NVS) Interest Expense (Positive)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Novares Group Interest Expense (Positive)?

Interest Expense (Positive) only applies to insurance companies.

Novares Group Business Description

Comparable Companies
Address 361 avenue du General de Gaulle, Clamart, Paris, FRA, FR-92140
Novares Group SA is a French automotive supplier specializing in plastic injection and technical plastic solutions for the automotive industry. The company designs and manufactures complex components and systems, including engine components, bezels and instrument clusters, air vents, decorative and interior trim, car body trim, handles, exterior painted surfaces, and e-powertrain components. Its customers are primarily global automotive manufacturers (OEMs), which it serves through a worldwide network of production sites and technical centers across Europe, North America, South America, Africa, and Asia. Novares operates as a tier-one supplier, generating revenue through long-term contracts for high-volume vehicle programs, with additional income from tooling and engineering services. The company was formed from the former Mecaplast Group and is headquartered in France.