FORVIA HELLA Reports Stable Sales and Improved Profitability in 2024

FORVIA HELLA, a leading automotive supplier, announced its preliminary results for fiscal year 2024, indicating stable sales in a challenging market. Currency-adjusted sales increased by 1.3% to €8.1 billion, while reported sales remained at €8.0 billion, comparable to the previous year. Despite a decrease in operating income to €446 million, the company sustained a net cash flow of 2.4% of reported sales.

The company's Business Group Lighting achieved a 2.8% sales increase due to the consolidation of the Beijing Hella BHAP Automotive Lighting joint venture. Conversely, the Electronics and Lifecycle Solutions segments faced sales declines, partly due to market shifts and slow electrification in Europe.

Looking ahead to 2025, FORVIA HELLA forecasts adjusted sales between €7.6 and €8.0 billion and anticipates an operating income margin of 5.3% to 6.0%, with a net cash flow of at least €200 million.