1st Quarter Information

First-Quarter 2026 Sales

• Q1 Sales of €5.1bn with organic growth across all regions except China
• 2026 guidance confirmed
  

• Organic growth and outperformance in Europe, North America and Rest of Asia; unfavorable customer mix in China
• Electronics supporting Growth cluster performance; moderate organic growth in the Value cluster

• Accelerated development in India and customer diversification in China
• Market share gains in Interior Monitoring Systems technologies

• Continued rigorous execution of EU-FORWARD and SIMPLIFY programs
• Objective to fully mitigate cost increase through supply chain optimizations and pass-through
• Resilience plans in place in case of further volume deterioration

The first quarter marked the launch of our IGNITE plan, with a clear and disciplined focus on execution. Our sales performance demonstrated the resilience of our portfolio despite volume declines across all regions and an adverse customer mix. The period was also marked by promising commercial wins, supporting future sales acceleration in India and further diversification of our customer base in China.

In an environment marked by inflationary pressures and ongoing uncertainty on volumes against the backdrop of the Middle East crisis, FORVIA is fully mobilized to protect its performance. We are executing with rigor on our fixed cost reduction programs and are firmly committed to offsetting rising production costs, while proactively preparing for potential downside risks to global demand.

At the same time, we have continued to make progress on the planned divestiture of our Interiors business, which we expect to materialize in the near term.
With a clearly defined and shared IGNITE roadmap across our leadership teams, we are stepping up execution on our strategic priorities-best-in-class performance, transformation, and culture."