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 ...
FORVIA has successfully priced its offering of €200 million of additional 5.500% senior notes due 2031 (the “New Notes”). FORVIA priced the New Notes at 101.75% of par, or a yield of 5.20%. The New ...
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 ...
FORVIA FURTHER IMPROVES ITS DEBT PROFILE BY USING PROCEEDS FROM AN ADDITIONAL ISSUANCE OF SENIOR NOTES DUE 2030 AND AVAILABLE CASH TO REPURCHASE EXISTING 2027 SUSTAINABILITY-LINKED NOTES FORVIA issued ...
→ 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.
Profits are likely far down the road for Forvia's new generation of superstrong gaseous hydrogen tanks. But the French company is in it for the long haul. Forvia displayed its new tanks and cited two ...
Forvia reported robust financial performance in Q1 2025, with total sales reaching €6.7 billion, marking a 2.6% year-over-year increase. The company’s stock price surged by 8.12% following the ...
Forbes contributors publish independent expert analyses and insights. I write about the auto industry and its impact on almost everything. Forvia, a major French-based automotive supplier, is using ...