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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CAC 40 | 7,272.18 | 2.30 | -0.03% |
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Dow JONES (US) | 42,840.26 | 498.02 | 1.18% |
FTSE 100 | 8,094.97 | 10.36 | 0.13% |
HKSE | 19,883.13 | 162.43 | 0.82% |
NASDAQ | 19,572.60 | 199.83 | 1.03% |
Nikkei 225 | 39,161.34 | 459.44 | 1.19% |
NZX 50 Index | 12,988.03 | 83.92 | 0.65% |
S&P 500 | 5,930.85 | 63.77 | 1.09% |
S&P/ASX 200 | 8,201.60 | 134.60 | 1.67% |
SSE Composite Index | 3,351.26 | 16.81 | -0.50% |