OPmobility Posts Revenue Rise Amid Restructuring
OPmobility reported higher third quarter revenue of 2.44 billion euros despite ongoing weakness in the global automotive market and restructuring efforts. European sales drove the gains while performance in China and North America declined.
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OPmobility reported a 2.8% rise in third-quarter revenue to €2.44 billion ($2.74 billion) on Wednesday morning, driven by exterior and lighting unit gains. The French car parts supplier navigated a broader automotive downturn through business restructuring and regional sales divergence. The revenue growth highlights resilience as raw material inflation and soft demand pressure supplier margins across key global markets.
