Suppliers

Forvia misses H1 profit target on chip shortage, Ukraine, COVID disruptions

Forvia sign
The supplier group Forvia, based outside of Paris, was created after Faurecia's acquisition of Hella, which was completed in January. (FORVIA)
R
By:
Reuters
July 25, 2022 09:09 AM

PARIS -- Forvia, the supplier created after Faurecia's takeover of lighting maker Hella, fell short of half-year operating profit expectations, affected by global chip shortages, the war in Ukraine and lockdowns in China.

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