Forvia (FAU.DE,FRVIA.PA) reported that its net loss, group share, for the first-half of 2025 was 269 million euros compared to net income of 5 million euros in the prior year. The latest period result hurt by 136 million euros non-cash financial asset depreciation related to SYMBIO joint venture. The prior year result included a capital gain on disposal of 134 million euros.
Sales for the period declined to 13.477 billion euros from 13.534 billion euros in the previous year. But Organic revenues was up 1.1%, driven by Electronics and Seating.
The company anticipates the production environment to remain volatile and uncertain. Based on S&P Mobility July estimates, the automotive market production is expected to reach 45 million LVs in the second half of 2025, slightly above the first-half of 2025 volumes.
The company has reaffirmed its full-year guidance for 2025. It forecasts sales to be in the range of 26.3 billion euros to 27.5 billion euros, based on constant exchange rates. Additionally, the operating margin is expected to be between 5.2% and 6.0% of total sales, reflecting a continued focus on performance and profitability.
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