Forvia SE - Company Profile
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Forvia SE (Forvia) is a manufacturer of automotive equipment. The company designs develops and supplies seat components such as frames, adjustment mechanisms, motors, padding, seat covers, electronic and pneumatic systems and accessories and foams. It also provides vehicle interior products such as instrument panels, modules and door panels, and acoustic products. It manufactures automotive exteriors such as front-end carriers, bumpers, and engine cooling systems. The company develops emission control technologies for light and commercial vehicles. The company operates through manufacturing sites and research and development centers in countries across Europe, the Americas, Africa and Asia. Forvia is headquartered in Nanterre, Ile-de-France, France.
Headquarters
France
Address
23-27 Avenue Des Champs Pierreux, Nanterre, Ile-de-France, 92000
Website
www.faurecia.com
Telephone
33 1 72367000
No of Employees
153,462
Industry
Automotive
Ticker Symbol & Exchange
FRVIA (EPA)
Revenue (2022)
$29.5B
10.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
158.2%
(2022 vs 2021)
Market Cap*
$3.0B
Net Profit Margin (2022)
XYZ
152.9%
(2022 vs 2021)
* As of and is in US$
Forvia SE premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Interior Modules | Assembling of Seats |
| Seats Door Panels | |
| Acoustic Packages | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Corporate Changes/Expansions | In March, FORVIA HELLA launched HELLA (Nanjing) Electronics Co., Ltd. in Nanjing city, China. |
| 2024 | Others | In February, the company launched the EU FORWARD project. |
| 2024 | Contracts/Agreements | In January, FORVIA Clarion Hungary entered into a 20-year on-site power purchase agreement with Photon New Energy Alfa Kft to construct and operate a solar photovoltaic power plant at the location. |
Competitor Comparison
| Key Parameters | Forvia SE | BASF SE | Magna International Inc | Lear Corp | Aptiv Plc |
|---|---|---|---|---|---|
| Headquarters | France | Germany | Canada | United States of America | Ireland |
| City | Nanterre | Ludwigshafen Am Rhein | Aurora | Southfield | Dublin |
| State/Province | Ile-de-France | Rheinland-Pfalz | Ontario | Michigan | - |
| No. of Employees | 153,462 | 111,991 | 179,000 | 186,600 | 154,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Michel de Rosen | Chairman | Executive Board | 2017 | 72 |
| Patrick Koller | Director; Chief Executive Officer | Executive Board | 2017 | 64 |
| Olivier Durand | Executive Vice President; Group Chief Financial Officer | Senior Management | 2022 | - |
| MA Chuan | Executive Vice President - China | Senior Management | 2024 | - |
| Victoria Chanial | Executive Vice President - Group Communications | Senior Management | 2021 | 41 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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