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our Now XXXX shifting to outlook.
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Our latest exchange assumes XXXX currency rate RMB outlook S&P with per of global the average production perspective, dollar. exchange are to aligned From our the euro rate assumptions generally average of euro and an Chinese a an RMB X.XX $X.XX forecast.
more our current XX on Slide detail provides outlook.
flow outlook. and our We operating outlook core are of XXXX free the earnings cash for increasing sales, prior our net from midpoint
optimize comfort manufacturing in will for plans. increasing same a million, our plans reducing thermal Europe outlook to time, by ramp-up spending costs slower segment the align outlook capacity by our with reduce of our that are new are and as better future $XX We to we primarily for current production investments and vehicles. customer of capital electric customer footprint on new result million to restructuring the fund At various $XX
as resumes quarter, revenue third on approximately from per strike. Based $XX strike impacts late million million $XX UAW week. due of we Based of revenue the revenue the Ford will on are of last that once losing the In per the to the are to night, $XX plants today, drop approximately news million production. week we lost on
cumulative revenue $XXX impact the contingency this UAW from approximately the of related in quarter. the $XXX disruptions Through approximately a million fourth the revenue approximately guidance, the the the This prior million week, for end the of UAW to million ongoing of industry is assumes fourth strike our impact leaves remainder $XXX including strike of million. year with revenue outlook financial Consistent $XXX quarter. full
impact impact sales core UAW XX outlook, points outlook includes revenue ongoing In related fourth negative of the Seating Seating, earnings our strike. labor assumed The assumed midpoint of approximately excluding the operating is E-systems highlights to of impact. Slide for outlook our fourth in quarter quarter loss including operating and assumed as income the the margin $XXX of of X.X%, from million and disruptions as strike our UAW quarter well midpoint approximately the outlook the basis industry fourth due strike. to revenue XX
of revenue approximately revenue income X.X%, strike. includes of loss UAW the midpoint related including negative outlook fourth to quarter basis impact. the our E-Systems, assumed In midpoint our of impact fourth The the outlook quarter million of points due approximately $XX assumed XX to was strike operating for margin E-Systems
In outlook of full appendix of revenue and outlook the well as E-Systems impact Seating included a that assumed our summary removes we presentation, strike. of as year full a margins and the for the current UAW the year operating
of E-Systems company X.X%. an the total full prior improvement Seating margins. basis XX X.X%, At margins outlook are is and our year the at at from our for midpoint of at and our X.X% company total guidance, Seating This forecasted margins margins points
of would X% full X.X% total in X% Excluding Seating, margins be strike, the company. the the for year and in E-Systems impact
Ray Now closing I'll some for to turn it back thoughts.
