© Reuters.
(Reuters) – European automotive supplier Forvia said on Monday it forecasts 2024 sales in the range of 27.5 billion to 28.5 billion euros ($29.7 billion to $30.7 billion), after its annual sales reached the upper end of its guidance, in line with expectations.
The company, born from the takeover of Hella by Faurecia, reported sales of 27.25 billion euros in 2023, against 24.57 billion euros archived a year prior.
Analysts forecast yearly revenue for 2023 to reach 27.13 billion euros according to an LSEG analyst poll.
($1 = 0.9276 euros)
Read the full article here
