Forvia if (OTCPK: Furcf) Q2 2025 Earnings Convention Name July 28, 2025 3:00 AM ET
Firm Contributors
Martin Fischer – CEO & Director
Olivier Durand – Government VP & Group CFO
Convention Name Contributors
Thomas Besson – Kepler Cheuvreux
Stephen Benhamou – BNP Paribas Exane
Michael Foundoukidis – ODDO BHF Company & Markets
Christoph Laskawi – Deutsche Financial institution AG
Jose Asumendi – JPMorgan Chase & Co
Stephanie Vincent – BofA Securities
Martin Fischer
Good morning, girls and gents, and welcome to our 2025 half 12 months outcomes name. I am presenting this morning along with our CFO, Olivier Durand. I will begin by sharing our H1 highlights. Then Olivier will stroll you thru the monetary outcomes. And in the long run, I will wrap up with our outlook for the remainder of the 12 months.
So beginning with our H1 highlights, I’ll current them as 3 distinct chapters that match the three pillars of our technique: efficiency, transformation and tradition. I am very happy, the truth is, to report that we’ve made strong progress on all 3 of those priorities that we set out earlier this 12 months. First, our drive for best-in-class efficiency is mirrored in elevated working margin and stronger money circulation. Second, our enterprise transformation has gained additional momentum, each by way of portfolio overview and disposal execution. And third, in terms of invigorating our tradition, we’re reorganizing and simplifying our working mannequin. It will assist a extra agile and environment friendly group.
These 3 priorities are being emphasised by 2 key administration adjustments. Olivier Lefebvre has been appointed to Group COO with a transparent goal to drive efficiency. And Carla Gohin has been recruited as Group Technique Officer, additionally accountable for know-how and innovation. She is going to drive the enterprise transformation of the group. Each of them work intently with me and the Government Committee to form FORVIA’s