Forvia Se · EURONEXT:FRVIA
Forvia — Q1 2025 Earnings Presentation
13 slides from Forvia's earnings presentation, Apr 17, 2025
Slide 1: First-Quarter Sales: Driving Structural Performance in a Volatile Environment
2025 FIRST-QUARTER SALES DRIVING STRUCTURAL PERFORMANCE IN A VOLATILE ENVIRONMENT April 17, 2025 |
Slide 2: Agenda
01 ACTIONING PERFORMANCE LEVERS 02 Q1 PERFORMANCE AGENDA REVIEW 03 FORVIA’S ROADMAP P.2 | 2025 Q1 Sales - April 17, 2025
Slide 3: Actioning Performance Levers
01 ACTIONING PERFORMANCE LEVERS Martin Fischer CEO P.3 | 2025 Q1 Sales - April 17, 2025
Slide 4: A Solid Start to the Year
A SOLID START TO THE YEAR ✓ ORGANIC REVENUE GROWTH OF +2.1% IN Q1 ✓ OUTPERFORMANCE OF 80BPS VERSUS MARKET DESPITE A STRONG UNFAVORABLE GEOGRAPHIC MIX P.4 | 2025 Q1 Sales - April 17, 2025
Slide 5: Action Plan: Protecting Performance & Liquidity
ACTION PLAN: PROTECTING PERFORMANCE & LIQUIDITY ENHANCING MITIGATING IMPROVING OPERATIONAL EXCELLENCE TARIFFS DEBT PROFILE ✓ EU-Forward on track ✓ Objective to cover 100% ✓ Extension of average debt of direct impact maturity ✓ Turnaround of ✓ Flexing, cutting cost and ✓ No major maturity before unde
Slide 6: Q1 2025 Performance Review
02 Q1 2025 PERFORMANCE REVIEW Olivier Durand CFO P.6 | 2025 Q1 Sales - April 17, 2025
Slide 7: +2.1% Organic Growth in Q1, Driven by Electronics and Seating
+2.1% ORGANIC GROWTH IN Q1, DRIVEN BY ELECTRONICS AND SEATING % of organic growth per business group Outperformance of Electronics in all three major regions +12.2% +1.7% -7.4% -7.0% +8.2% -6.8% Seating growth driven by launches in Europe and the rebound with BYD ORGANIC GROWTH: +2.1% FX: +0.5% Grow
Slide 8: Growth in Asia and Europe, Outperformance Driven by Europe
GROWTH IN ASIA AND EUROPE OUTPERFORMANCE DRIVEN BY EUROPE in €m EMEA AMERICAS ASIA o/w CHINA GROUP Europe: significant outperformance driven by Electronics and Seating Q1 2024 3,135 1,782 1,615 1,247 6,531 Americas: In line performance despite strong prior-year Regional auto production* -7.8% -3.5%
Slide 9: Extended Debt Maturity Through Active Debt Management
EXTENDED DEBT MATURITY THROUGH ACTIVE DEBT MANAGEMENT March 31, 2025 (pro forma) €750m 5-year note issued in March 2025 to fully refinance the 3.125% 2026 maturity 2026 maturities Inaugural $500m 5-year note to pushed to 2030 fully refinance the 7.25% SLB 2026 maturity and other high coupon bank loa
Slide 10: 2025 Guidance Confirmed
2025 GUIDANCE CONFIRMED SALES BASED ON : OPERATING NET CASH MARGIN FLOW > S&P’s latest downward revision of 2025 BETWEEN BETWEEN production from 89.5 to 87.9 million LVs €26.3bn 5.2% AND 6.0% ≥2024 > The tariffs already enacted to date AND €27.5bn LEVEL OF SALES > No other major disruption materiall
Slide 11: FORVIA's Roadmap
03 FORVIA’S ROADMAP Martin Fischer CEO P.11 | 2025 Q1 Sales - April 17, 2025
Slide 12: Turning Vision into Action - My Roadmap
TURNING VISION INTO ACTION - MY ROADMAP BEST IN CLASS BUSINESS INVIGORATING PERFORMANCE TRANSFORMATION CULTURE ✓ Solid Q1 sales performance ✓ Assets disposal processes ✓ Preparing simplified are ongoing structure & operating model ✓ Operational excellence supporting organic ✓ Strategy on core portfo
Slide 13: FORVIA - Inspiring mobility
-ORVIA Inspiring mobility