FORVIA

What FORVIA makes

FORVIA is one of the largest automotive Tier 1 suppliers in the world, formed in 2022 when Faurecia took a controlling interest in the German lighting and electronics group HELLA. The group is organized into seven Business Groups. Seating is the largest at 31% of sales, with more than 40,000 employees across 77 industrial sites; the company reports the number one position worldwide in seat structure systems and number three in seat assembly. Electronics, run under the FORVIA HELLA brand, posted 3.1 billion euros of sales in 2025 across power electronics, body electronics, and driver-assistance systems, and claims the top position in low-voltage power electronics. Clean Mobility, at 15% of sales, covers exhaust and emissions-control systems for ultra-low-emission vehicles plus hydrogen storage and fuel-cell work through the Symbio venture. Lighting, another HELLA business, spans headlamps, rear lamps, and interior lighting from 22 plants. Clarion Electronics supplies cockpit electronics, displays, and parking automation (1.4 billion euros of 2025 sales), and Lifecycle Solutions sells roughly 38,000 spare and wear parts into the independent aftermarket. The seventh group, Interiors, builds instrument panels, door panels, and center consoles; FORVIA agreed in April 2026 to sell it to Apollo-managed funds, with closing targeted by the end of 2026.

The company states that one in two vehicles worldwide carries at least one FORVIA technology, and that it ran 775 active programs in 2025 supported by 78 R&D centers.

Financial performance

FORVIA reported sales of 26.2 billion euros for fiscal 2025, down about 3% from 27.0 billion euros in 2024, with an operating result margin of 5.6% on the automotive perimeter per a 2026 industry study (the company's own investor materials state a 6.0% operating margin on reported figures, 5.2% in 2024). Net cash flow reached 962 million euros in 2025, and net debt ended the year below 1.7x adjusted EBITDA, improving to 1.6x by mid-2026. First-half 2026 results showed the operating margin up 30 basis points to 6.0% and order intake up 15%, with full-year guidance confirmed. The group employs about 137,500 people; the Interiors sale will move roughly 31,000 of them to the new owner at closing.

Ownership and history

FORVIA SE is listed on Euronext Paris under the ticker FRVIA and is headquartered in Nanterre, France. Its two legacy companies are much older than the 2022 combination: Faurecia traces to Bertrand Faure's 1914 Paris workshop making seats for trams and the metro, and HELLA was founded in Germany in 1899. Faurecia was majority-owned by Groupe PSA until the 2021 Stellantis merger made it independent, after which it acquired control of HELLA; HELLA remains separately listed with its own management board. Since 2025 the group has been led by CEO Martin Fischer, with Olivier Durand as group CFO and Olivier Lefebvre as chief operating officer. The IGNITE strategy presented at the February 2026 capital markets day centers on simplifying the portfolio around higher-value technology businesses and cutting debt, of which the Interiors divestiture is the first major step.

Certifications and quality

The group's plants are certified to IATF 16949:2016, the automotive quality-management standard, and FORVIA HELLA publishes its site-level certificates, with current validity dates running into 2027. The company operates a group-wide lean production system, the FORVIA Excellence System, rolled out across sites since 2023, and reports running roughly 1,000 quality programs across 260 plants, with APQP and PPAP discipline the sector norm at this scale. It received about 150 supplier quality awards from customers in 2024, per its own materials.

Known customers

FORVIA supplies most major OEMs. Documented recent programs from company announcements include a joint seat-assembly plant with BYD in Thailand, recycled end-of-life-vehicle plastics supplied for the Renault Master instrument panel through its MATERI'ACT materials unit, circular-materials and interiors process work for JLR, and innovation awards from Geely and Chery recognizing FORVIA China. The company also agreed to transfer part of its European commercial-vehicle exhaust business to Cummins. For buyers tracking supplier performance, the relevant point is that FORVIA's customer base spans European, American, and Chinese OEMs rather than depending on a single region.

Recent news

July 2026, FORVIA reported first-half 2026 results with the operating margin up 30 basis points to 6.0%, net debt at 1.6x adjusted EBITDA, and order intake up 15%, confirming full-year guidance (company release).

April 2026, Apollo-managed funds agreed to acquire the FORVIA Interiors Business Group at a 1.82 billion euro enterprise value, a business with about 4.8 billion euros of 2025 revenue and 59 plants; FORVIA expects at least 1 billion euros of net debt reduction at closing, targeted by year-end (company release).

February 2026, FORVIA published 2025 annual results and held its IGNITE capital markets day, laying out a plan to simplify the portfolio and reach 1.5x net-debt-to-EBITDA by the end of 2026 (company release, wire coverage).

Frequently asked questions

What does FORVIA make?

FORVIA makes vehicle seats and seat structures, automotive electronics, exhaust and emissions-control systems, hydrogen storage systems, vehicle lighting, cockpit electronics, and aftermarket spare parts. It operates seven Business Groups: Seating, Electronics, Interiors (being sold to Apollo Funds), Clean Mobility, Clarion Electronics, Lighting, and Lifecycle Solutions.

Who owns FORVIA?

FORVIA SE is a publicly listed company on Euronext Paris (ticker FRVIA). It was formed in 2022 when Faurecia acquired a controlling interest in HELLA, which remains separately listed in Germany. No single shareholder controls the group; its board includes a permanent representative of Peugeot 1810.

What is FORVIA's annual revenue?

FORVIA reported sales of 26.2 billion euros in fiscal 2025, down about 3% from 27.0 billion euros in 2024, with an operating margin between 5.6% and 6.0% depending on the reporting perimeter. Excluding the Interiors business held for sale, reported 2025 sales were 21.3 billion euros.

Where is FORVIA headquartered?

FORVIA is headquartered at 23-27 avenue des Champs Pierreux, Nanterre, France, just west of Paris. The group operates around 260 plants and 78 R&D centers in more than 40 countries, with regional organizations across EMEA, the Americas, and Asia.

Who are FORVIA's customers?

FORVIA supplies most global automakers. Recent company-documented programs include BYD (joint seating plant in Thailand), Renault (recycled plastics for the Renault Master instrument panel), JLR (circular interior materials), and awards from Geely and Chery for FORVIA China. The company states one in two vehicles worldwide carries a FORVIA technology.

Last verified September 22, 2026. Is this your company? Request a correction.