Forvia


Solid Q1 results with strong organic growth offset by unfavorable exchange rates

19/04/24 -"Forvia delivered solid Q1 results in line with expectations, with higher-than-expected organic growth offset by unfavorable foreign exchange rates. The strong Q1 order intake, mainly driven by Asian ..."

Pages
55
Language
English
Published on
19/04/24
You may also be interested by these reports :
02/05/24
Mercedes delivered mixed Q1 results with higher-than-expected sales however earnings came in below the consensus weighed down by the ‘Cars’ division ...

02/05/24
European autos generated €20-30bn a year in combined net earnings until 2020. Enter the free money days from 2020 to 2022 and the sector starts to ...

30/04/24
Lower sales and higher costs amidst a new product offensive led to lower-than-expected profitability. An unfavourable country, brand and model mix ...

29/04/24
The Q1 results fell short of expectations, weighed down by lower product availability due to product changeovers and supply restrictions combined ...

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO