Forvia Hella reports total sales of €8.1 billion in FY 2023, up 10.3% YOY
Operating income increases by about 65% to €486 million
HELLA GmbH Co. KGaA (FORVIA HELLA) on Feb.16 released the preliminary results for the fiscal year 2023, reported Group sales improved by 10.3% to €8.0 billion as compared to 2022 €7.2 billion. Operating income increases by around 65% to €486 million against €295 million in 2022, about a low prior-year figure, and the operating income margin thus rises to 6.1% (in 2022 of 4.1%). The net cash flow of sales amounts to 2.6 % (in 2022: 3%).
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