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Forvia sees sales decline in 2026, but with higher margin

Feb 24 (Reuters) - France-based car parts supplier Forvia FRVIA.PA expects its sales to fall in 2026, reflecting declines across all major regions where it operates.

Forvia, which supplies parts to Stellantis STLAM.MI, Volkswagen VOWG.DE and Ford F.N, forecast lower annual sales of between 20 billion and 21 billion euros ($24 billion and 25 billion), but sees a higher operating margin of between 6% and 6.5% in 2026.

The outlook is based on the estimated worldwide automotive production of 92.8 million light vehicles this year, Forvia said in its earnings statement.

($1 = 0.8497 euros)

(Reporting by Mathias de Rozario in Gdansk, editing by Milla Nissi-Prussak)

((mathias.derozario@thomsonreuters.com;))

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