FORVIA Q3 2023 Sales Results & Investor Update

FORVIA reported Q3 2023 sales of €6.5 billion with 10.7% organic growth and 700 basis points of outperformance, driven by strong performance in China. The company completed its €1 billion asset disposal program and announced an additional €1 billion program to accelerate deleveraging. FORVIA is expanding in China through strategic partnerships and advancing hydrogen technology with its first mass production facility.