FORVIA Maintains Stable Sales in the Third Quarter of 2025
FORVIA announced stable sales of 6.12 billion euros in the third quarter of 2025, despite a negative currency effect of 3.7%.
Sales Overview
FORVIA's consolidated sales reached 6.12 billion euros in the third quarter of 2025, with an organic growth of 0% compared to the same period last year. However, a negative currency effect of 3.7% impacted the reported figures, mainly due to the depreciation of the euro against the dollar and the renminbi. Excluding the exceptionally high tooling sales in 2024, product sales grew by 1.1% organically.
Efficiency Improvements and Cost Reductions
FORVIA continued its efforts to enhance efficiency through several initiatives. The EU-FORWARD plan led to approximately 800 new job cuts, bringing the total to 5,800 planned reductions by 2028. The Group also launched the global SIMPLIFY program to reduce indirect and structural costs by 110 million euros by 2028. Concurrently, FORVIA strengthened its financial flexibility with new financing, allowing it to smooth out maturities and diversify funding sources.
Regional Performance Variations
FORVIA's performance varied by region. In Europe, sales declined due to production halts at some manufacturers. In North America, growth was supported by the Clean Mobility and Electronics segments. In Asia, business was affected by an unfavorable client mix in China, but showed positive dynamics in the rest of Asia. FORVIA confirmed its financial targets for 2025, highlighting its resilience amid uncertain market conditions.