Hella Did Well in FY22; Fortunes Look Bright for FY23

Forvia Hella announced their preliminary results for the short fiscal year 2022 (1 June to 31 December 2022) and the outlook for the fiscal year 2023. They generated sales of €4.4bn in FY22, with an adjusted EBIT margin of 5 per cent (compared to 4.4 per cent in the previous FY). CEO Michel Favre says,…

To access this post, you must register DVN Lighting Gold Membership.

Hector Fratty

Hector Fratty, DrivingVisionNews President and Founder has been for his entire career in automotive lighting. From 1995 to 2006, he was Valeo Lighting Systems’ chief of R&D, managing a staff of 650 engineers and technicians and a budget of over €70m. He holds 20 patents worldwide. In 2008, after 2 years’ consultancy, he initiated the launch of Driving Vision News, a news pipeline dedicated to keeping the lighting and driver assistance community informed of the latest progress and development in the industry. Hector Fratty presides over the highly‐regarded biennial VISION Congress international automotive lighting and driver assistance symposium. Hector Fratty is also a member of the ISAL steering committees.