佛瑞亚【原佛吉亚+海拉】FORVIA (EO)：2024年全年业绩表现报告「巴黎泛欧交易所」（英文版）（40页）.pdf

1、Patrick KOLLER,Chief Executive OfficerMartin FISCHER,Deputy CEO and CEO as from March 1,2025Olivier DURAND,Chief Financial OfficerFY2024 RESULTSRESILIENT PERFORMANCE AND NET DEBT REDUCED BY 0.4BN IN 2024CONTINUED FOCUS ON PROFITABILITY,CASH FLOWAND DELEVERAGING IN 2025February 28,2025|012024Highligh

2、ts2024 Results-February 28,2025AGENDA0203042024 Financial Performance2025OutlookTakeawaysP.2|012024 HIGHLIGHTS2024 Results-February 28,2025Patrick KollerCEOP.3|2024:A YEAR OF CONTINUED TRANSFORMATIONIN A CHALLENGING ENVIRONMENT2024 Results-February 28,2025P.4CONTINUED TRANSFORMATION BASED ON THREE P

3、ILLARSIN A PERSISTENTLY CHALLENGING ENVIRONMENTEconomic and political instability in many geographiesLower but still high inflation and interest ratesAutomotive industry under pressure(electrification)resulting into lower volume produced in H2 2024TECHNOLOGY AND INNOVATIONGEOGRAPHYSUSTAINABILITYincl

4、uding digital transformation|RESILIENT 2024 PERFORMANCEIN A DIFFICULT ENVIRONMENT2024 Results-February 28,2025P.5CONTINUEDOUTPERFORMANCERESILIENT OPERATING MARGINNET CASH FLOW NET DEBT/ADJUSTEDEBITDASALES OF27bn5.2%OF SALES655mBELOW2.0XGUIDANCE 2.0 xGUIDANCE 550mGUIDANCEBETWEEN5.0%AND 5.3%OF SALESGU

5、IDANCEBETWEEN26.8bnAND 27.2bn150bps outperformancein a declining market(-1.1%)and despite unfavorablegeographic mixAbove 2023 levelRecurring net cash-flow significantly improved1.97x compared to 3.1x at end-June 2022Net debt reduced by 0.4bnSignificant improvementfor SeatingandClean Mobility|2024 Re

6、sults-February 28,2025P.68.47.97.06.6End of June 2022End of Dec.2022End of Dec.2023End of Dec.20243.1x 2.7x 2.1x 2.0 x Net Debt/Adj.EBITDA Net Debt in bn1.8bn NET DEBT REDUCTIONCONTINUOUS DELEVERAGINGSINCE THE ACQUISITION OF HELLA|ROBUST ORDER INTAKE OF 31 BILLION*2024 Results-February 28,2025UPFRON