Faurecia Reports Solid Q1 Sales and Reaffirms 2026 Guidance

Faurecia, operating under the umbrella of FORVIA, announced a solid financial performance in the first quarter of 2026. The company reported sales of €5.1 billion, despite a decline in market volume by 3.4%. This performance was aided by exceptional growth in Europe and North America, driven primarily by Electronics and Clean Mobility, despite challenges in China due to unfavorable customer mix.

The company continues to prioritize cost disciplines through its EU-FORWARD and SIMPLIFY programs, aiming to counterbalance rising production costs. Additionally, FORVIA remains focused on its IGNITE roadmap, emphasizing strategic priorities across leadership teams.

FORVIA’s sale process for its Interiors business is progressing, reinforcing its ambition to achieve a leverage ratio of 1.5x by the end of the year. Meanwhile, new business wins in India and diversified contracts with Chinese OEMs highlight ongoing commercial momentum.