Forvia Se (FURCF) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. This is the conference operator. Welcome and thank you for joining the Forvia 2025 first quarter sales results conference call and webcast. As a reminder, all participants are in listen-only mode. After the presentation, there will be an opportunity to ask questions. Should anyone need assistance during the conference call, they may signal an operator by pressing star and zero on the telephone. At this time, I would like to turn the conference over to Mr. Martin Fischer, CEO of Forvia. Please go ahead, sir. Yeah, thank you very much and good morning, everyone. Thanks for joining us today. I wanted to be with you today to share some opening thoughts and my convictions. Olivier will then present the Q1 sales performance in detail before we will both answer your questions. Let me start by saying that despite a global environment that remains challenging, for we have delivered a very solid sales performance this past quarter. We have accomplished organic growth of 2.1% and an outperformance of 80 basis points, despite a strongly unfavorable geomix. This demonstrates our robust market positioning and the dedication of our entire team. Looking ahead, we'll continue to navigate particularly uncertain times. So it's only natural to ask the important questions. Where's the industry heading? How resilient is for we as a business? What is for we are putting in place to protect its performance? In my longstanding career in this industry, I've already seen a few cycles and a variety of storms as well. And what I'm truly convinced of is the need to remain pragmatic and agile. We need to focus on what's within our control And that's exactly what we're doing these days. Right now, our focus is on three key areas, operational excellence, tariffs, and the balance sheet. ...