- France
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- Auto Components
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- ENXTPA:FRVIA
Forvia Full Year 2024 Earnings: Revenues In Line With Expectations
Forvia (EPA:FRVIA) Full Year 2024 Results
Key Financial Results
- Revenue: €27.0b (down 1.0% from FY 2023).
- Net loss: €185.2m (down by 181% from €227.6m profit in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Forvia Meets Expectations
Revenue was in line with analyst estimates.
Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Auto Components industry in France.
Performance of the French Auto Components industry.
The company's shares are down 23% from a week ago.
Risk Analysis
Before you take the next step you should know about the 2 warning signs for Forvia that we have uncovered.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About ENXTPA:FRVIA
Forvia
Manufactures and sells automotive technology solutions in France, Germany, other European countries, the Americas, Asia, and internationally.
Undervalued with moderate growth potential.
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