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Forvia SE
Previous close
€7.66
Day range
€7.62 - €8.00
Year range
€7.42 - €21.63
Market cap
1.55B EUR
Avg Volume
1.19M
P/E ratio
-
Dividend yield
-
Primary exchange
EPA
Market news
Financials
Income Statement
Revenue
Net income
(EUR) | Jun 2024info | Y/Y change |
---|---|---|
Revenue | 6.77B | -0.63% |
Operating expense | 610.35M | -4.86% |
Net income | 2.40M | -83.10% |
Net profit margin | 0.04 | -80.95% |
Earnings per share | — | — |
EBITDA | 580.00M | 4.25% |
Effective tax rate | 37.26% | — |
Balance Sheet
Total assets
Total liabilities
(EUR) | Jun 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 4.29B | 21.59% |
Total assets | 30.49B | -5.67% |
Total liabilities | 24.27B | -7.59% |
Total equity | 6.22B | — |
Shares outstanding | 196.33M | — |
Price to book | 0.34 | — |
Return on assets | 2.44% | — |
Return on capital | 4.29% | — |
Cash Flow
Net change in cash
(EUR) | Jun 2024info | Y/Y change |
---|---|---|
Net income | 2.40M | -83.10% |
Cash from operations | 605.10M | 10.80% |
Cash from investing | -419.50M | 22.00% |
Cash from financing | -183.80M | 34.35% |
Net change in cash | 4.05M | 101.24% |
Free cash flow | 137.56M | 12.87% |
About
Faurecia SE is a French global automotive supplier headquartered in Nanterre, in the western suburbs of Paris. In 2022 it was the 7th largest international automotive parts manufacturer in the world and #1 for vehicle interiors and emission control technology. One in two automobiles is equipped by Faurecia. It designs and manufactures seats, exhaust systems, interior systems and decorative aspects of a vehicle.
Faurecia's customers include the Volkswagen Group, Stellantis, Renault–Nissan–Mitsubishi, Ford, General Motors, BMW, Daimler, Toyota, Tesla, Inc., Hyundai-Kia, Jaguar Land Rover and BYD among others. Faurecia employs 8,300 engineers and technicians. The company operates over 300 production sites and 35 R&D centres in 37 countries worldwide, with 403 patents filed in 2017. About half of these sites are manufacturing plants operating on the just-in-time principle. Faurecia joined the United Nations Global Compact in 2004.
The company was at the core of a bribery scandal in 2006 which led to the resignation and legal conviction of its then CEO Pierre Lévi.
In 2023, the company merged with German auto parts manufacturer Hella, the merged business being named Forvia. Wikipedia
Founded
1997
Headquarters
Website
Employees
149,294