FURCF (Forvia SE) Other Income (Expense) : $-471 Mil (TTM As of Jun. 2024)

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What is Forvia SE Other Income (Expense)?

Forvia SE's other income expense for the Forvia SE's pretax income for the six months ended in Jun. 2024 was $-292 Mil. Its other income expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-471 Mil.

Forvia SE Other Income (Expense) Historical Data

The historical data trend for Forvia SE's Other Income (Expense) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Forvia SE Other Income (Expense) Chart

Forvia SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Income (Expense)

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-241.78

-352.68

-283.73

-537.82

-279.39

Forvia SE Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Other Income (Expense)	Get a 7-Day Free Trial															-294.19	-243.01	-99.57	-179.17	-292.25

Forvia SE Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-471 Mil.

Forvia SE (OTCPK:FURCF) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Forvia SE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Forvia SE (OTCPK:FURCF) » Definitions » Other Income (Expense)

Comparable Companies

Traded in Other Exchanges

1FRVIA:Italy FRVIAp:UK 0MGR:UK FRVIA:France FAU:Germany

Address

23-27 avenue des Champs-Pierreux, Nanterre, FRA, 92000

Website

https://www.faurecia.com

Forvia SE operates in automotive seating, interior systems, emission control technologies, electronics, lighting, and a segment called lifecycle solutions that does automotive-related recycling. The company has a world-wide presence, with over 300 industrial facilities and 63 R&D centers in more than 40 countries, but much of its workforce is located in high-cost countries. Forvia's customers by percentage of 2022 revenue are Volkswagen at 15.4%, Stellantis at 11.7%, Ford at 7.7%, the Renault-Nissan-Mitsubishi Alliance at 6.2%, and Mercedes-Benz at 6.1%. Geographically, Europe accounted for 44% of 2022 revenue, followed by North America at 25%, China at 21%, and all other regions at 10%.