(Reuters) -Forvia has so far mitigated about 50% of its estimated exposure to U.S. tariffs and is on track to cover the rest, the French automotive supplier's CEO Martin Fischer said in a call on ...
Forvia drafts action plan on dealing with U.S. tariffs Shares drop 18.6% to bottom of SBF120 index Anticipates sales drop in Europe, North America Growth expected in South American, Chinese markets ...
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 ...
Sales of €21-22 billion at constant exchange rates and including potential divestitures. Operating margin of at least 7.0% of sales. Net Cash Flow at c. 3.5% of sales. Leverage ratio at 1.2x. After ...
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