Forvia SE
XMUN:FAU
If you don’t study any companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards.
Utilize notes to systematically review your investment decisions. By reflecting on past outcomes, you can discern effective strategies and identify those that underperformed. This continuous feedback loop enables you to adapt and refine your approach, optimizing for future success.
Each note serves as a learning point, offering insights into your decision-making processes. Over time, you'll accumulate a personalized database of knowledge, enhancing your ability to make informed decisions quickly and effectively.
With a comprehensive record of your investment history at your fingertips, you can compare current opportunities against past experiences. This not only bolsters your confidence but also ensures that each decision is grounded in a well-documented rationale.
Do you really want to delete this note?
This action cannot be undone.
| 52 Week Range |
5.614
14.735
|
| Price Target |
|
We'll email you a reminder when the closing price reaches EUR.
Choose the stock you wish to monitor with a price alert.
This alert will be permanently deleted.
Forvia SE
Forvia SE is not merely another entity in the automobile industry; it's an innovative powerhouse resulting from the strategic merger of Faurecia and Hella, two prominent players with deep-rooted legacies. This convergence has forged a synergetic alliance that combines Faurecia's expertise in automotive seating, interiors, and clean mobility with Hella's prowess in lighting and electronics. With this merger, Forvia has strategically positioned itself at the forefront of the automotive technology ecosystem, catering to the evolution of vehicles towards more sustainable and intelligent mobility solutions. The firm has structured its operations to address pressing industry demands—enhancing vehicle comfort, improving safety, and promoting energy efficiency—while continually adapting to shifts in consumer preferences and regulatory landscapes.
Forvia’s revenue streams are intricately linked to its comprehensive product offerings and widespread global footprint, targeting OEMs and the aftermarket sector. The company leverages its broad portfolio to deliver tailor-made components and systems that align with automakers' specifications. In a rapidly transforming industry where electrification, connectivity, and autonomous driving are setting new benchmarks, Forvia makes money by pushing the envelope on innovation, fostering robust client relationships, and executing a strategy that emphasizes operational excellence and cost optimization. Driven by its commitment to sustainability and technological advancement, Forvia focuses on creating value for its stakeholders by continuously exploring new avenues for growth within the automotive and mobility sectors.
Forvia SE is not merely another entity in the automobile industry; it's an innovative powerhouse resulting from the strategic merger of Faurecia and Hella, two prominent players with deep-rooted legacies. This convergence has forged a synergetic alliance that combines Faurecia's expertise in automotive seating, interiors, and clean mobility with Hella's prowess in lighting and electronics. With this merger, Forvia has strategically positioned itself at the forefront of the automotive technology ecosystem, catering to the evolution of vehicles towards more sustainable and intelligent mobility solutions. The firm has structured its operations to address pressing industry demands—enhancing vehicle comfort, improving safety, and promoting energy efficiency—while continually adapting to shifts in consumer preferences and regulatory landscapes.
Forvia’s revenue streams are intricately linked to its comprehensive product offerings and widespread global footprint, targeting OEMs and the aftermarket sector. The company leverages its broad portfolio to deliver tailor-made components and systems that align with automakers' specifications. In a rapidly transforming industry where electrification, connectivity, and autonomous driving are setting new benchmarks, Forvia makes money by pushing the envelope on innovation, fostering robust client relationships, and executing a strategy that emphasizes operational excellence and cost optimization. Driven by its commitment to sustainability and technological advancement, Forvia focuses on creating value for its stakeholders by continuously exploring new avenues for growth within the automotive and mobility sectors.
Strong Revenue Growth: Sales reached €25.5 billion in 2022, up 63% year-on-year and 17% on an organic basis.
Profitability: Operating margin was 4.4% for the year, improving to 5% in the second half; EBITDA margin stood at 11.8%.
Cash Generation & Deleveraging: Net cash flow was €471 million (1.9% of sales), and net debt to EBITDA dropped to 2.6x from 3.1x in six months.
HELLA Integration: HELLA integration drove synergies, prompting upgraded cost synergy targets and strong order intake.
Disposals Achieved: Announced disposals fulfill the €1 billion non-strategic asset disposal target for 2023.
2023 Guidance: Sales expected between €25.2–26.2 billion, operating margin of 5–6%, and net cash flow above 1.5% of sales.
Inflation Management: Company expects to recover above 90% of estimated €400 million additional inflation in 2023.
No 2022 Dividend: No dividend will be paid for 2022, prioritizing deleveraging, but the company intends to resume its 40% payout policy from 2023 results.
