Company Forvia (ex-Faurecia)

Equities

FRVIA

FR0000121147

Auto, Truck & Motorcycle Parts

Market Closed - Euronext Paris 12:35:15 2024-03-18 pm EDT 5-day change 1st Jan Change
13.4 EUR +1.59% Intraday chart for Forvia (ex-Faurecia) -1.47% -34.38%

Business Summary

FORVIA SE (formerly Faurecia SE) is one of the world leaders in designing, manufacturing, and marketing automotive equipment. Net sales break down by product family as follows:

- seats (30.3%; No. 1 worldwide);

- audiovisual and multimedia equipment (25.9%): car radios, multimedia devices, navigation systems, automatic guiding systems, location systems, safety assistance systems with CDD captor cameras, wireless communication, monitors, etc.;

- interior car parts (21.7%; 1 worldwide): dashboards and instrument panels (No. 1 worldwide), doors and door panels, and acoustic modules;

- exhaust systems (18.6%; No. 1 worldwide);

- other (3.5%).

At the end of 2022, the group had 291 production sites worldwide.

Net sales are distributed geographically as follows: France (6.2%), Germany (10.9%), Europe (26.8%), Asia (26.7%), Americas (28.1%) and others (1.3%).

Number of employees: 153,462

Sales per Business

EUR in Million2022Weight2023Weight Delta
Seating
31.4 %
7,704 30.3 % 8,551 31.4 % +10.99%
Interior
18.1 %
5,530 21.7 % 4,923 18.1 % -10.97%
Clean Mobility
17.7 %
4,736 18.6 % 4,832 17.7 % +2.04%
Clarion Electronics
15.2 %
3,522 13.8 % 4,138 15.2 % +17.50%
Lighting
13.7 %
3,074 12.1 % 3,746 13.7 % +21.85%
Lifecycle Solutions
3.9 %
893 3.5 % 1,058 3.9 % +18.49%

Sales per region

EUR in Million2022Weight2023Weight Delta
Other EMEA Countries
29.3 %
-- 7,989 29.3 % -
Asia
27.1 %
6,795 26.7 % 7,390 27.1 % +8.75%
Americas
26.5 %
7,151 28.1 % 7,207 26.5 % +0.78%
Germany
10.9 %
2,772 10.9 % 2,976 10.9 % +7.38%
France
6.2 %
1,578 6.2 % 1,685 6.2 % +6.77%

Managers

Managers TitleAgeSince
Chief Executive Officer 65 15-02-01
Director of Finance/CFO - -
Chief Operating Officer 65 02-12-31
Investor Relations Contact - -
Corporate Officer/Principal - 22-12-31
Sales & Marketing 57 -
Human Resources Officer 61 00-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 63 17-05-29
Director/Board Member 73 07-05-04
Chairman 73 16-05-29
Director/Board Member 74 16-05-26
Director/Board Member 62 19-10-31
Chief Executive Officer 65 15-02-01
Director/Board Member 61 -
Director/Board Member 53 93-12-31
Director/Board Member 64 19-05-29
Director/Board Member 62 -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 197,089,340 155,386,253 ( 78.84 %) 5,091 ( 0.002583 %) 78.84 %

Shareholders

NameEquities%Valuation
O.E. Hueck GmbH
9.216 %
18,162,790 9.216 % 259 M €
Templeton Global Advisors Ltd.
5.516 %
10,871,689 5.516 % 155 M €
Exor NV (Private Equity)
5.048 %
9,948,904 5.048 % 142 M €
6,110,494 3.100 % 87 M €
Bpifrance Participations SA /PRIVATE EQUITY/
2.165 %
4,266,020 2.165 % 61 M €
3,880,379 1.969 % 55 M €
Faurecia SA - Employee Stock Ownership Plans
1.904 %
3,752,754 1.904 % 53 M €
Magallanes Value Investors SA SGIIC
1.175 %
2,316,168 1.175 % 33 M €
AllianceBernstein Ltd.
0.7393 %
1,457,081 0.7393 % 21 M €
Union Investment Privatfonds GmbH
0.5067 %
998,690 0.5067 % 14 M €

Holdings

NameEquities%Valuation
89,539,195 80.59% 7,916,307,970 $
147,093 0.07% 2,095,560 $

Company contact information

Forvia SE

23-27 Avenue des Champs-Pierreux

92000, Nanterre

+33 1 72 36 70 00

http://www.forvia.com
address Forvia (ex-Faurecia)(FRVIA)

Group companies

NameCategory and Sector
Auto Parts: OEM
Financial Conglomerates
Auto Parts: OEM
Home Furnishings