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OPmobility Q3 revenue rises 2.8% like for like as regional performance diverges
Consolidated revenue reached €2.437 billion, but strong growth in Europe and the rest of Asia contrasted with declines in North America and China.
OPmobility reported third-quarter 2026 consolidated revenue of €2.437 billion, up 2.8% on a like-for-like basis even as the company’s measure of global automotive production fell 1.9%.
The headline masks a wide regional split: Europe grew 8.6% like for like and the rest of Asia rose 12.3%, while North America fell 5.9% and China declined 33.2%. The company also confirmed the financial targets it revised earlier in October.
Consolidated revenue rose while the wider vehicle market shrank
OPmobility reported Q3 consolidated revenue of €2.437 billion, up 3.2% as reported and 2.8% like for like. The company said global automotive production fell 1.9% in the quarter. Economic revenue, which includes the group’s share of specified joint ventures, was €2.763 billion and broadly flat like for like.
All three consolidated segments grew on a comparable basis
Exterior & Lighting rose 4.1% like for like, Modules gained 3.2%, and Powertrain increased 0.5%. Those figures refer to consolidated revenue. Economic-revenue segment figures differ because they include proportionate joint-venture revenue, so the two measures should not be mixed.
Europe and the rest of Asia offset sharp regional weakness
Europe grew 8.6% like for like, helped by module assembly and exterior production in Eastern Europe. The rest of Asia rose 12.3%, supported by South Korea and India. North America fell 5.9%, although U.S. revenue rose 4.9%, while China dropped 33.2% amid weaker production and vehicle sales.
The nine-month picture remained more restrained
Consolidated revenue for the first nine months was €7.639 billion, down 0.7% as reported but up 1.1% like for like. Economic revenue was €8.585 billion, down 1.1% as reported and up 0.2% like for like. The distinction shows why currency, scope and joint ventures matter when comparing the headline figures.
Guidance was confirmed after an early-October reset
OPmobility maintained the targets it had revised earlier in October: 2026 operating margin of €430 million to €450 million, free cash flow above €220 million, a significant group-share net result and lower net debt than at the end of 2025. Those are company targets, not realized outcomes.
