Forvia SE (MIL:1FRVIA)
€ 8.5 0.142 (1.7%) Market Cap: 1.60 Bil Enterprise Value: 10.17 Bil PE Ratio: 8.63 PB Ratio: 0.38 GF Score: 62/100

Full Year 2023 Forvia SE Earnings Call Transcript

Feb 19, 2024 / 09:30AM GMT
Release Date Price: €14.14 (-10.68%)
Patrick Koller
Forvia SE - CEO

Ladies and gentlemen, good day and good morning, and welcome to our 2023 results presentation. The agenda for today, we will start with the 2023 highlights, the '23 result review, which will be made by Olivier. We would speak about 2024 onwards and especially focusing on a new project we have, which is EU-FORWARD, and then we will -- I will give you the guidance for 2024, and confirm 2025, our Power25 Ambition.

2023 highlights, so the key achievements in '23, I think we were able to achieve our Power25 targets and the deleveraging is on track, and you will see it in more details. We achieved on strong selective and profitable order intake of EUR31 billion.

We are going ahead with our integration and corresponding synergies ahead of our roadmap. And again, we will give you here more details. And we have an effective focus on ESG performances and here we will show you the concrete results we have. I suggest to go through now in video, which will summarize what we achieved in 2023.

(video playing)

We are not used to look back. But I think

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