Amotiv cuts FY27 outlook, sees revenue and underlying EBITA down up to 5% excluding VAFI consolidation
- Amotiv cut FY27 guidance, forecasting revenue and underlying EBITA excluding VAFI consolidation up to 5% below FY26 continuing operations.
- Including VAFI consolidation, revenue and underlying EBITA are expected to remain broadly in line with that base.
- The revised outlook replaces August expectations for modest growth, reflecting worsening economic conditions expected to persist through the year.
- First-quarter like-for-like group revenue fell 5%, largely reflecting subdued vehicle sales and Thailand flooding that disrupted production.
- Pricing benefits and additional Amotiv Unified savings are weighted toward the second half, when Thailand flooding disruptions are expected to normalize.
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