Automotive supplier Forvia beat its first-half targets and reiterated its full-year guidance, even as sales slipped during the period.
Forvia reported that its margins rose in H1 2026, an improvement it achieved despite what one source described as weak sales.
Forvia lifted its margins in the first half of the year even as sales declined.
Sales declined in H1 2026, with one source characterizing the performance as weak.
Forvia also reduced its debt during the first half of 2026.
The company said it continues to stand by its full-year guidance, which it reaffirmed alongside the results.