Forvia rises as H1 sales and margin top expectations

Forvia SE

31/07/2026 08:30

** Shares in French car parts supplier Forvia  FRVIA.PA rise 3.6% on better margin, H1 sales above expectations
** H1 operating margin comes in at 6% vs 5.8% expected in a company-provided consensus
** "Forvia has delivered on the key areas against which the group is judged, namely margins and cash," TP ICAP Midcap says
** Sales at €10.51 billion ($12.10 billion) in H1 beat analysts' expectations of €10.30 billion
     
($1 = 0.8682 euros)

(Reporting by Mathias de Rozario in Gdansk )
((mathias.derozario@thomsonreuters.com))