Forvia (ex-Faurecia)

Equities

FRVIA

FR0000121147

Auto, Truck & Motorcycle Parts

Real-time Euronext Paris Other stock markets 07:04:02 2024-06-28 EDT			5-day change	1st Jan Change
11.25 ^EUR	+0.58%		-6.68%	-44.91%

06-24	Stifel Downgrades Forvia to Hold from Buy, Cuts PT	MT
06-24	FORVIA : Stifel downgrades its recommendation	CF

Forvia : Peugeot 1810 exceeds 5% of voting rights

June 24, 2024 at 06:07 am

On June 24, Peugeot 1810 declared to the AMF that it had exceeded the threshold of 5% of Forvia's voting rights and held 3.10% of the capital and 5.34% of the voting rights of the automotive equipment manufacturer, following the allocation of double voting rights.

Copyright (c) 2024 CercleFinance.com. All rights reserved.

Go to the original article.
Legal disclaimer

Latest news about Forvia (ex-Faurecia)

Stifel Downgrades Forvia to Hold from Buy, Cuts PT	06-24	MT
FORVIA : Stifel downgrades its recommendation	06-24	CF
Forvia : Peugeot 1810 exceeds 5% of voting rights	06-24	CF
Forvia SE Approves Changes to its Board	05-30	CI
Forvia SE Approves Dividend	05-30	CI
Transcript : Forvia SE - Shareholder/Analyst Call	05-30
Forvia : finalization of a bond issue	05-08	CF
Forvia Completes EUR200 Million Offering of Senior Notes	05-08	MT
France-The French government and the automotive industry renew their commitment to electric vehicles	05-06	RE
FORVIA and L&T Technology Services Agree Strategic Partnership on Ultra-Low Emissions Engineering in Germany and India	05-02	CI
L&T Technology Services Signs Five-Year Pact with France's Forvia	05-02	MT
Forvia SE acquired remaining 50% stake in Faurecia Aptoide Automotive, S.A. from Aptoide S.A.	05-01	CI
Forvia Prices EUR200 Million Senior Notes Due 2031	04-25	MT
Forvia Prices an Additional ?200 Million of 5.500% Senior Notes Due 2031	04-24	CI
Forvia Launches EUR200 Million Senior Notes Issue	04-24	MT
FORVIA to Offer an Additional ?200 Million of 5.500% Senior Notes Due 2031 Aiming to Partially Refinance Its 7.250% 2026 Bonds	04-24	CI
FORVIA : Solid Q1 results with strong organic growth offset by unfavorable exchange rates	04-19
CAC40: back above 8,000Pts with support from Wall Street	04-18	CF
CAC40: the 8,000 mark is crossed again with WStreet support	04-18	CF
CAC40: clinging to 8,000, US figures still very robust	04-18	CF
Europe's Forvia talking to more Chinese automakers looking to set up in Europe	04-18	RE
CAC40: up slightly before numerous US indicators	04-18	CF
Europe in the green, corporate results hailed	04-18	RE
Forvia: organic growth of over 3% in Q1	04-18	CF
Auto supplier Forvia posts organic sales growth for Q1 on strong N.America	04-18	RE

Chart Forvia (ex-Faurecia)

Duration

Period

More charts

Company Profile

FORVIA SE is one of the world leaders in designing, manufacturing, and marketing automotive equipment. Net sales break down by product family as follows: - seats (31.4%; No. 1 worldwide); - interior car parts (18.1%; 1 worldwide): dashboards and instrument panels (No. 1 worldwide), doors and door panels, and acoustic modules; - exhaust systems (17.7%; No. 1 worldwide); - audiovisual and multimedia equipment (15.2%): car radios, multimedia devices, navigation systems, automatic guiding systems, location systems, safety assistance systems with CDD captor cameras, wireless communication, monitors, etc.; - lighting equipment (13.7%); - other (3.9%). At the end of 2023, the group had more than 290 production sites worldwide. Net sales are distributed geographically as follows: France (6.2%), Germany (10.9%), Europe/Middle East/Africa (29.3%), Asia (27.1%) and America (26.5%).

Sector

Auto, Truck & Motorcycle Parts

Calendar

2024-07-23 - Q2 2024 Earnings Release

Related indices

STOXX EUROPE 600 (EUR)

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

FORVIA : Solid Q1 results with strong organic growth offset by unfavorable exchange rates

April 19, 2024 at 09:10 am

More Strategies

Ratings for Forvia (ex-Faurecia)

Trading Rating

Investor Rating

ESG Refinitiv

B+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

11.18 EUR

Average target price

20.82 EUR

Spread / Average Target

+86.19%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Auto, Truck & Motorcycle Parts

	1st Jan change	Capi.
FORVIA (EX-FAURECIA)	-44.91%	2.36B
DENSO CORPORATION	+17.44%	45.26B
WEICHAI POWER CO., LTD.	+14.57%	18.58B
APTIV PLC	-23.12%	18.77B
FUYAO GLASS INDUSTRY GROUP CO., LTD.	+26.91%	16.57B
HYUNDAI MOBIS CO.,LTD	+5.70%	16.14B
SAMVARDHANA MOTHERSON INTERNATIONAL LIMITED	+86.57%	16.11B
SUMITOMO ELECTRIC INDUSTRIES, LTD.	+39.38%	12.09B
BOSCH LIMITED	+53.36%	12.36B
MAGNA INTERNATIONAL INC.	-27.26%	11.95B

Other Auto, Truck & Motorcycle Parts