Report
Anthony Dick ...
  • Michael Foundoukidis

Forvia : Une pause face à un contexte moins favorable

>Une bonne année 2023… - Parmi les meilleures performances parmi les équipementiers en Europe cette année (+29% YTD) malgré la baisse récente, Forvia a pu, comme nous l’espérions, tirer profit de 1/ de la réalisation de son plan de cessions de 1 Md€, éloignant ainsi le risque d’une nouvelle augmentation de capital qui pesait sur le titre ; 2/ de l’amélioration de l’environnement et notamment de la croissance de la production (+6% désormais attendu vs 2% initialement)....
Underlying
Faurecia SA

Faurecia is an automobile equipment supplier based in France. Co.'s activities can be divided into four business units: Automotive Seating (design of vehicle seats, manufacture of seating frames and adjustment mechanisms, and assembly of complete seating units); Emissions Control Technologies (design and manufacture of exhaust systems); Interior Systems (design and manufacture of instrument panels, door panels and modules, and acoustic components); and Automotive Exteriors (design and manufacture of front ends and safety modules). Some of Co.'s customers are PSA Peugeot Citroen, VW Group, Renault-Nissan, Ford Group, BMW and GM Group.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Anthony Dick

Michael Foundoukidis

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