FORVIA reported first-half 2026 results with operating margin expanding 30 basis points to 6.0% and net cash flow rising 18% to €432 million, while confirming its full-year guidance. Sales declined 4.3% to €10,509 million, with organic growth at constant exchange rates down 1.9%, outperforming automotive production in all regions except China, where sales fell 20.1% to €1,804 million and underperformed local production by 14 percentage points. The Growth cluster posted an operating margin of 6.1% of sales, up 20 basis points, while the Value cluster margin improved 60 basis points to 6.0% of sales. Order intake reached €13.4 billion excluding Interiors, and the planned divestiture of the Interiors business to Apollo is expected to close in the fourth quarter of 2026.
Forvia SEOperating margin expanded 30bps to 6.0%, net cash flow rose 18%, and full-year guidance confirmed.