Forvia: organic growth of over 3% in Q1
The equipment supplier points out that this outperformance is explained for around 530 bp by volume, mix and price effects, offset for around 140 bp by an unfavorable regional mix. All its activities recorded an outperformance.
Also claiming a "robust order intake of 6.5 billion euros" over the period (up by one billion euros year-on-year), Forvia confirms its financial targets for 2024 and says it is "well on the way to achieving the Power 2025 ambition".
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