Outperformance of 420bps for Q3 2024

FORVIA is a profitable group with strong sales growth focused on driving positive change in the automotive industry for the benefits of its stakeholders.
Next event
Nanterre
2024 annual results
Third-quarter 2024 sales
Q3 2024 sales OF €6.4bn, an outperformance of 420bps in a challenging environment
Business

FORVIA financial information 2023

€27,248m
Sales
(+ 14% vs 2022)
5.3%
Operating margin
(+ 100bps vs 2022)
€649m
Net cash flow
(+40 bps vs €484m in 2022)
2.1ₓ
Net debt/Adj. EBITDA
ratio (-0.6x vs 2022)

FORVIA: the combination of Faurecia and HELLA

Since 2022, FORVIA has held a majority stake in the German automotive supplier HELLA, which is listed on the stock exchange.

With cumulative sales of over 27 billion euros and 153,000 employees, FORVIA has become the world's seventh-largest equipment manufacturer.

A financial performance compliant with Sustainability

FORVIA has become the first automotive player with a net-zero target approved by the Science Based Targets initiative (SBTi), recognizing our efficiency and leadership in this field.

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Contact

Analysts & investors contact
Marc Maillet & Sébastien Leroy
Investor Relations
Individual shareholder contact
0 805 651 206
(toll-free number)