Forvia SE: Doubled Net Cash Flow, 52-Week High, and attractive valuation!
Although revenue was kept almost constant in the first half of the year, profitability has been significantly improved. I see this as a strong signal that the market is still underestimating!
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On July 28, the automotive supplier Forvia SE caught attention with a price jump and subsequent increase to a 52-week high. The trigger was a robust performance in the first half of the year. Accordingly, revenue remained almost at the previous year's level despite challenges for the cyclically sensitive automotive industry. Particularly positive was the demand development in the areas of electronics and seating, which allowed adjusted EBITDA to increase by 7.8% with a margin of 13.1%. Net cash flow more than doubled to €418 million, primarily...
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