Forvia SE
Company Profile
Business description
Forvia SE operates in automotive seating, interior systems, emission control technologies, electronics, lighting, and a segment called lifecycle solutions that does automotive-related recycling. The company has a world-wide presence, with over 300 industrial facilities and 63 R&D centers in more than 40 countries, but much of its workforce is located in high-cost countries. Forvia's customers by percentage of 2022 revenue are Volkswagen at 15.4%, Stellantis at 11.7%, Ford at 7.7%, the Renault-Nissan-Mitsubishi Alliance at 6.2%, and Mercedes-Benz at 6.1%. Geographically, Europe accounted for 44% of 2022 revenue, followed by North America at 25%, China at 21%, and all other regions at 10%.
Contact
23-27 avenue des Champs-Pierreux
Nanterre92000
FRAT: +33 172367000
Sector
Consumer Cyclical
Stock type
Cyclical
Industry
Auto Parts
Fiscal Year End
31 December 2024
Employees
157,000
Forvia SE News & Analysis
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Markets
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