Forvia falls after Q3 sales hit by negative FX, slowdown in China

Li Auto

20/10/2025 09:11

** Shares in Forvia FRVIA.PA are down 6.6%, heading for their worst day in over six months, after the company reported a Q3 sales decline due to negative currency effects and a slowdown in activity in China

** The France-based car parts supplier publishes Q3 reported sales at 6.12 billion euros ($7.14 billion), down 3.7%, flagging a negative currency impact of EUR 238 million

** "The Group underperformed global automotive production growth (+4.4% according to S&P), due to a significant underperformance in China, unfavourable comparison bases in tooling (notably in Interiors in North America), and a decline in volumes," says Midcap Partners in a note

** Forvia reports Q3 organic sales down 7.4% in China, with a significant production shift away from BYD 002594.SZ and Li Auto 2015.HK

** Stock is a the bottom of SBF120 index .SBF120, underperforming the index (which is up 0.64%)

($1 = 0.8570 euros)

 (Reporting by Clement Martinot)

 ((Clement.Martinot@thomsonreuters.com;))