Key facts
- Third-quarter revenue rose 2.8% to 2.44 billion euros.
- Exterior and lighting business grew 4.1% like-for-like.
- Company plans to cut about 770 jobs in Europe.
OPmobility reported a 2.8% increase in third-quarter revenue on a like-for-like basis, reaching 2.44 billion euros. The growth was primarily driven by the exterior and lighting business, which saw a 4.1% rise, followed by modules at 3.2% and powertrain at 0.5%. The company's European operations outperformed global automotive production forecasts with 8.6% like-for-like growth, largely due to module assembly and exterior solutions production in Eastern Europe. However, North America and Asia experienced declines of 5.9% and 11.6%, respectively. Earlier in the month, OPmobility lowered its 2026 targets and announced plans to cut approximately 770 jobs in Europe, citing reduced global auto production forecasts and adjustments in customer activity.