Forvia Se · EURONEXT:FRVIA
Forvia — Q1 2026 Earnings Presentation
15 slides from Forvia's earnings presentation, Apr 24, 2026
Slide 1: 2026 Q1 Sales
2026 Q1 Sales April 24th 2026 1 Q1 2026 Sales – April 24th 2026
Slide 2: 3 strategic priorities
3 strategic priorities Delivering on our IGNITE strategic roadmap Best-in-class Business Invigorating Performance Transformation Culture Growth in all regions Further progress in SIMPLIFY program but China Interiors divestiture deployed globally Strict cost control and Lighting turnaround plan Organ
Slide 3: Building momentum in fast-growing regions and segments
Building momentum in fast-growing regions and segments Building momentum Enlarging our Winning share in In India customer base Interior Monitoring in China System Technologies ➢ First complete seat award CHANGAN GREAT WALL with international OEM MOTORS ➢ Supporting international expansion of a leadi
Slide 4: Transformation program of Lighting
Transformation program of Lighting MARKET REPOSITIONING COST STREAMLINING Drive operating Build sales momentum Optimize R&D efficiencies > Diversify customer base > Increase > Increase asset & develop new modularization & utilization & plant geographies standardization performance (FES) > Address vo
Slide 5: A stronger platform for value creation
A stronger platform for value creation Growth cluster Value cluster ELECTRONICS SEATING CLEAN MOBILITY CLARION LIFECYCLE SOLUTIONS LIGHTING Accelerating Driving profitable long-term growth performance and providing strategic flexibility 5 Q1 2026 Sales – April 24th 2026
Slide 6: Q1 Performance
Q1 Performance Olivier DURAND- CFO 6 Q1 2026 Sales – April 24th 2026
Slide 7: Sales of €5.1bn, on track with annual guidance
Sales of €5.1bn, on track with annual guidance Sales (in €m) Reported change -6.4% 5,488 120 bps outperformance vs. auto production -118 -235 5,135 > Auto production decline of 3.4%, spanned Organic change FX impact across all major regions but Asia excluding -2.2% -4.3% China > Favorable geo-mix of
Slide 8: All regions with organic growth and outperformance except China
All regions with organic growth and outperformance except China Europe Asia w/o China +15% +11PTS North America +2% +3PTS +3% +5PTS China -23% -14PTS South America +13% +9PTS FORVIA ORGANIC OUTPERFORMANCE GROWTH VS. MARKET Auto production: S&P Mobility, April 2026 8 Q1 2026 Sales – April 24th 2026
Slide 9: Growth cluster: Electronics growing strong, Seating as expected
Growth cluster: Electronics growing strong, Seating as expected Sales (in €m) Reported change -9.2% Electronics +8.2%* Organic change FX impact > Clear growth driver across 2,960 -5.8% -3.4% all regions 2,689 > Driven by radar and energy Electronics 807 management technologies 840 Seating -11.1%* >
Slide 10: Value cluster: Solid organic sales
Value cluster: Solid organic sales Sales (in €m) Reported change -3.3% Organic change FX impact Strong performance +2.1% -5.4% 2,525 2,442 > Clean Mobility (+2.2%*) driven by ICE in NA and business takeover in Europe in H2 2025 Clarion 337 384 > Lifecycle Solutions (+5.2%*): strong activity in comme
Slide 11: Further progress of Interiors divestiture
Further progress of Interiors divestiture Main transaction metrics presented at CMD confirmed Net debt Gross debt Restored financial structure upon closing reduction reduction of the Interiors divestiture ≥€1.0bn ≥€1.4bn Net debt (€bn) 8.4 6.6 6.0 Net debt / 3.1x ~5.5 Adj. EBITDA ~4.5 All cash proce
Slide 12: Outlook
2026 Outlook Martin FISCHER - CEO 12 Q1 2026 Sales – April 24th 2026
Slide 13: Offsetting cost inflation and managing volume uncertainties in the context of Middle East crisis
Offsetting cost inflation and managing volume uncertainties in the context of Middle East crisis Closely monitoring volume evolution > S&P April volume downgrade: -0.8% vs March estimate Tight management of inflation & supply chain > Limited overall exposure > No significant deviation in customer ca
Slide 14: 2026 Guidance
IFRS5 2026 Guidance Sales Operating Net Cash Net Debt/ margin Flow Adj. EBITDA Between €20bn-€21bn 6.0%-6.5% ≥3.0% 1.5X at constant FX** of sales of sales vs €21.3bn vs 6.0% vs 3.9%*** vs. 1.7x in 2025 pro forma* in 2025 pro forma* in 2025 pro forma* in 2025 Based on > S&P’s April estimates of 91.4m
Slide 15: 5acXjzUk
-ORVIA Inspiring mobility