Car parts maker Forvia sees higher sales in 2024
19/02/2024 06:30
Feb 19 (Reuters) - European automotive supplier Forvia
FRVIA.PA said on Monday it forecasts 2024 sales in the range
of 27.5 billion to 28.5 billion euros ($29.7 billion to $30.7
billion), after its annual sales reached the upper end of its
guidance, in line with expectations.
The company, born from the takeover of Hella HLE.DE by
Faurecia, reported sales of 27.25 billion euros in 2023, against
24.57 billion euros archived a year prior.
Analysts forecast yearly revenue for 2023 to reach 27.13
billion euros according to an LSEG analyst poll nL5N3F132Y.
($1 = 0.9276 euros)
(Reporting by Nathan Vifflin; Editing by Jacqueline Wong)
((nathan.vifflin@thomsonreuters.com; +48 58 769 67 13;))