FORVIA, the auto supplier formed from Faurecia and HELLA, said consolidated third‑quarter sales reached €5.08 billion and that group momentum improved in Q3, driven by Electronics and stronger activity in Europe and North America. The company confirmed full‑year 2026 guidance and said the planned sale of its Interiors business to Apollo has secured all required regulatory approvals and is expected to close in Q4 2026.
Q3 figures and the Interiors divestment
In its November 2 press release FORVIA reported Q3 sales of €5.08bn (organic change -0.6% for the quarter) and highlighted a 100 basis‑point outperformance versus global automotive production in Q3. In regional detail the group said Europe organic sales were up 4.1% in Q3, a performance the company explicitly linked to stronger Seating and Electronics activity. FORVIA repeated guidance for full‑year 2026: sales of €20–21bn and an operating margin target of 6.0–6.5% of sales.
The company said all competition clearances for the Interiors sale have been received and that closing is expected in Q4 2026. FORVIA expects the transaction to reduce net debt by more than €1.0 billion and gross debt by more than €1.4 billion; management said proceeds will be allocated to debt reduction to strengthen the balance sheet and address 2027 maturities. CEO Martin Fischer emphasised the divestment as “a major milestone in our IGNITE roadmap” that will simplify the portfolio and strengthen financial flexibility.
What this means for the market
FORVIA’s results matter for Central and Eastern Europe because the group’s European outperformance is concentrated in product areas where CEE suppliers are heavily integrated into OEM supply chains — notably seating, vehicle electronics and radar/energy‑management modules. The company itself highlights Electronics as a growth engine, with Electronics organic sales rising in Q3 and radar and energy‑management technologies singled out in its regional commentary. That suggests continued demand for electronic modules, wiring and assembly services in the European supplier network — a network in which many tier‑1 and tier‑2 vendors operate plants in CEE.
