Car parts group Forvia's quarterly revenue drops on lower China sales
April 24 (Reuters) - French car parts supplier Forvia FRVIA.PA on Friday reported a 2.2% drop in its first-quarter sales, excluding currency effects, impacted by a decline in China. Quarterly sales fell to 5.14 billion euros ($6.00 billion) from 5.49 billion euros in the same period last year. The company also confirmed its guidance for 2026. ($1 = 0.8563 euros) (Reporting by Mathias de Rozario in Gdansk, editing by Milla Nissi-Prussak) ((mathias.derozario@thomsonreuters.com))
Recent news on Forvia SE
See all newsBrief: Forvia, Great Wall Motor Deepen Partnership
Deutsche Bank AG FF - Post Stabilisation Notice - HELLA EUR 4yr
French auto parts suppliers gain on supportive EU policy hopes
Brief: Forvia Says Olivier Lefebvre Succeeds Shoji Akiyama As Head Of JIKA Region
OPmobility shares plummet on lowered core profit target