Forvia Q1 Sales At EUR 6.70 Bln

ReutersApr 17, 2025 6:06 AM

April 17 (Reuters) - Forvia SE FRVIA.PA:

Q1 SALES EUR 6.70 BILLION
CONFIRMS ITS 2025 FULL-YEAR GUIDANCE
FORECASTS OUTPERFORMANCE IN CHINA FROM H2
IMPLEMENTS MAXIMIZED FLEXIBILIZATION OF PRODUCTION COSTS IN SITES WHERE VOLUMES ALREADY HIT BY TARIFFS
IMPLEMENTS HIRING FREEZE, IMMEDIATE REDUCTION OF NON-PERMANENT CONTRACTS, TRAVEL RESTRICTIONS, MARKETING EXPENSES CUT
TARGETS REDUCTION OF CAPEX AND DEVELOPMENT COSTS OF MORE THAN EUR 100 MILLION IN 2025 VERSUS 2024
CANCELS IAA AND CES ATTENDANCE
RESIDUAL LIMITED EXPOSURE TO TARIFFS: AGREEMENTS WITH SUPPLIERS REACHED FOR ALMOST 50% OF EXPOSURE

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Recommended Articles

Why SanDisk Stock Could Soar to $4,000?

If SanDisk continues along its path and actually achieves the consensus estimate of $168 in earnings per share in one year, a P/E multiple of 22 — which is a rather conservative estimate of the S&P 500 average — would imply a stock price of close to $4,000.

Micron Surges 38% in a Week, Market Cap Breaks 840 Billion, Can This AI Memory Leader Continue the Rally?

TradingKey - Driven by the explosion in AI storage demand, Micron Technology (MU) shares have surged for five consecutive trading sessions since May 1, with a cumulative weekly gain of approximately 38%. The stock closed up over 15% at $746.81 this Friday, hitting a record high. Its market capitalization surpassed $840 billion, with daily turnover reaching $46.36 billion, ranking first in the U.S. stock market.

Trump Administration Brokers. Intel and Apple Reach Chipmaking Agreement, Shares Surge More Than 13%

TradingKey — Intel (INTC) shares surged on Friday following reports of a preliminary cooperation agreement with Apple (AAPL). The stock’s intraday gain briefly exceeded 13% before closing up 13.96%, with its market capitalization jumping to $627.8 billion.

Trump’s Shifting Stance Deadlocks US-Iran Talks, Citi Maintains $120 Brent Target

TradingKey - On May 8 (ET), Citi stated that oil prices could rise further if US-Iran negotiations remain deadlocked, maintaining its forecast that Brent crude will reach $120 over the next three months.

AMD Q1 Earnings: Data Center Revenue Surges 57% Driving Results Above Estimates, Shares Rise Over 16% After Hours

TradingKey - On May 5 (ET), Advanced Micro Devices (AMD) released its first-quarter fiscal 2026 financial results after the market close. The company reported revenue of $10.253 billion, up 38% year-over-year, exceeding market expectations of $9.89 billion. Non-GAAP earnings per share (EPS) were $1.

Featured Tools