Forvia: net cash flow virtually flat in 2024

(CercleFinance.com) - Forvia has announced for 2024 a virtually stable net cash flow (+0.
9%) at E655m, above its minimum target of E550m, and an operating margin down 0.1 point to 5.2% of sales, in line with its target range of 5%-5.3%.

At E27bn, the equipment supplier's sales rose by 0.4% in organic terms, outperforming the 1.1% decline in global automotive production by 150bp, despite an unfavourable customer and geographic mix.

At its last meeting on 27 February 2025, the Board of Directors decided not to propose a dividend payment in 2025, in order to accelerate the group's top priority, which is to reduce its debt.

For 2025, Forvia forecasts net cash flow at or above the 2024 level, an operating margin of between 5.2% and 6%, and sales of between E26.3bn and E27.5bn.


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