Forvia Se (FURCF) Q1 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.116 Good morning. This is the conference operator. 00:00:04.116 -- 00:00:09.323 Welcome and thank you for joining the Forvia 2025 first quarter sales 00:00:09.323 -- 00:00:14.889 results conference call and webcast. As a reminder, all participants are in listen-only 00:00:14.889 -- 00:00:19.956 mode. After the presentation, there will be an opportunity to ask questions. 00:00:19.956 -- 00:00:24.642 Should anyone need assistance during the conference call, they may signal an operator 00:00:24.642 -- 00:00:26.784 by pressing star and zero on the telephone. 00:00:26.784 -- 00:00:31.289 At this time, I would like to turn the conference over to Mr. 00:00:31.289 -- 00:00:37.156 Martin Fischer, CEO of Forvia. Please go ahead, sir. 00:00:37.156 -- 00:00:39.659 Yeah, thank you very much and good morning, everyone. 00:00:39.659 -- 00:00:44.805 Thanks for joining us today. I wanted to be with you today to share some 00:00:44.805 -- 00:00:50.292 opening thoughts and my convictions. Olivier will then present the Q1 sales performance 00:00:50.292 -- 00:00:54.697 in detail before we will both answer your questions. 00:00:54.697 -- 00:00:59.634 Let me start by saying that despite a global environment that remains challenging, for 00:00:59.634 -- 00:01:04.202 we have delivered a very solid sales performance this past quarter. 00:01:04.202 -- 00:01:07.868 We have accomplished organic growth of 2.1% 00:01:07.868 -- 00:01:14.478 and an outperformance of 80 basis points, despite a strongly unfavorable geomix. 00:01:14.478 -- 00:01:19.687 This demonstrates our robust market positioning and the dedication of our entire 00:01:19.687 -- 00:01:21.470 team. 00:01:21.470 -- 00:01:26.954 Looking ahead, we'll continue to navigate particularly uncertain times. 00:01...