Forvia SE: Buy recommendation by Jefferies enables breakout from consolidation!

Forvia SE is the seventh-largest automotive supplier in the world. The company is a merger of the French company Faurecia and the German company Hella. This merger, completed in 2022, has created a heavyweight that covers the areas of seating, interiors, clean mobility, lighting, and electronics. The increasing demand for electric vehicles requires new solutions in battery management, power electronics, and thermal management, fields where Forvia is strongly positioned with Hella's expertise. The growing digitization of the vehicle interior and...