During the meeting, Patrick Koller, CEO, Faurecia, reviewed the Group’s transformation strategy and the results achieved in 2019. He also presented the Group’s three priorities for weathering the Covid-19 crisis; the safe restart of operations, protecting liquidity and maintaining a healthy financial structure, and increasing the Group’s resilience and lowering the break-even point of its operations. Koller said that, after recording a 19.7% fall in the first quarter, Group revenue is expected to decline around 50% with a low point in April, a month severely affected by the lockdowns in Europe and North America, and at a time when China was only just beginning its recovery. Sales for the full six-month period could fall by around 35% (compared with turnover of €8,972 million in the first half of 2019).