Although the company’s revenue continued to increase, it’s all going a bit slower than anticipated. Perhaps that shouldn’t be a surprise as the results and the outlook of the car manufacturers wasn’t ...
→ Sales of €27bn (vs. guidance of between €26.8bn and €27.2bn), up 0.4% on an organic basis, an outperformance of 150bps vs. a drop of 1.1% in worldwide automotive production and despite unfavorable ...
Martin FISCHER, Chief Executive Officer of FORVIA, declared: "FORVIA achieved a solid commercial performance in the first quarter. This is a testimony of the strength of our market positioning.
Forvia has generated significant cost synergies from its acquisition of Hella and expects further synergy benefits in the future. The company reported strong financial results in 2023, with increased ...