Forvia supported by the trade agreement and its half -yearly results – 07/28/2025 at 09:24

(AOF) – Forvia (+ 11 %, at 11.415 euros) is distinguished at the top of a well -oriented SBF 120 index. Meanwhile, The automotive supplier is supported both by the trade agreement signed between the European Union. For example, the United States and by its half-yearly results. Meanwhile, The agreement provides for customs duties of 15 % for vehicles. In addition, spare parts imported by the United States from Europe, compared to 27.5 % since April. Similarly, In terms of results, sales of the automotive supplier fell slightly 0.4 % to 13.477 billion euros. However, they increased by 1.1 % in organic. In addition,

At the same time, the adjusted Ebitda increased by 7.8 %to 1.762 billion euros, and operating profit amounted to 722 million euros, up 3.1 %.

Finally, the group’s net profit went from forvia supported trade agreement its a profit of 5 million euros, to a loss of 269 million euros. It was penalized by the depreciation of 136 million euros without cash effect of financial assets relating to Symbio. a company specializing in hydrogen systems for vehicles. Forvia had also benefited the first half of 2024 in a disposal added value of 134 million euros.

Forvia has allowed itself to confirm all of its annual objectives. Income is expected between 26.3 and 27.5 billion euros at constant exchange rates. The operating room is hoped for between 5.2 and 6 % of turnover.

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Key points

– Seventh global supplier of automotive technology. 1 ^is global for seats and equipment systems, born in 2022;

– Sales of € 27 billion, divided into 6 activities: seats for 32 %, forvia supported trade agreement its interior systems for 19 %, exhaust systems for 15 %, electronics (sensors, automated driving, energy management, multimedia, etc.) for 16 %and lighting for 14 %…

Turnover achieved 47 % in Europe-Middle Orient-Africa. 27 % in Asia-Oceania (21 % in China) and 26 % in America;

– positioning business model on the load -bearing markets: complementarity of the activity portfolio in electronics, consolidation of the world’s place 1 via durability in interiors and seats, innovation and standardization in lighting, acceleration of electrification in green mobility;

– Open capital with 2 strong positions: family shareholders Hueck/Roepke for 8.82 %and 6 strategic shareholders -Franklin Resources (8.99 %), Exor (5.05 %), Blackrock (3.83 %), Peugeot 1810 (3.10 %), BPI France (2.16 %) and Dongfeng (1.97 %) The council of 14 administrators, Martin Fischer being managing director since 1 ^is mars.

Challenges

forvia supported trade agreement its

– Agility of the business model:

– Priority to deleveraging. via € 1 billion of transfers (Faurecia Automotive Composites), the “manage by cash” and the postponement of maturity 2024-2025,

– In Europe, deployment of the Eu-Forward plan to strengthen competitiveness with the abolition of nearly 5,500 jobs by the end of 2025, and Plan de Synergies Forvia Hella with € 500 million in savings expected for 2025,

– In Asia, launch of “West to East” to take advantage of the expected recovery in China (1/3 of the world market in volume) and bring to 38 %, vs 27 %, the share of income in Asia from 2028,

– Ecosystem of industrial partnerships – Carbon -neutrality (Schneider Electric, Engie, Artelia, KPMG), Artificial Intelligence (Accenture), Cloud (Microsoft), Data Analysis (Palant), Cybersecurity (Guardknox) – reinforced in 2024, in particular with Chery in China for forvia supported trade agreement its intelligent cockpits (1 MD € Sales targeted in 2029) and with Chinese byd in Hungary;

– Innovation grouped together 80 R&D centers (3.8 % of income). rich in a portfolio of nearly 13,000 patents with 900 development programs, especially in AI and software;

“Blue Effect” environmental strategy targeting the net zero in 2045 with 2 intermediate steps:

– 2o25: reduction of at least 80 %, vs 2019, CO2 emissions of scopes 1 and 2,

– 2030: reduction of at least 45 % of CO2 emissions from Scope 3,

-Materi’act sustainable materials division targeting € 2 million in revenues in 2025 and supported by partnerships: Veolia (30 % interior modules with recycled plastic), Gravithy (production of decarbon steel in Fos-sur-Mer), SSAB (seats structures) …,

-Hydrogen solutions offered in partnership -Co -enterprise Symbio with Michelin and Stellantis, gigafactory of fuel forvia supported trade agreement its cells, with a target of € 3.5 billion in turnover.

– “green” bond emissions;

– Visibility of the activity with order sockets of + 20 billion €;

– Financial debt reduced to € 7 billion giving a lever effect of 1.97, against € 4.3 billion in availability.

Challenge

– global market weighed down by production reports. environmental regulations in Europe and the rise of Chinese competition in electric vehicles;

– in response to the recovery of American customs tariffs, extension of the “Lean Manufacturing” system to all the functions of the company;

– towards a transformation of R&D and an action plan for technology and innovation;

– After an increase of 2.1 % of sales at the end of March, targets 2025 unchanged: income from 26.8 to 27.2 billion €, operating margin forvia supported trade agreement its from 5 % to 5.3 %, free self -financing around € 500 million and debt lever equal to or less than 2;

– ABSENCE OF DIVIDENDE.