Valeo Management Services
PARIS, July 27, 2010 -
- Original equipment sales growth of 44%, higher than production growth
in each geographic region
- Significantly improved net income, at 168 million euros, or 3.5%
of sales
- Strong cash generation of 291 million euros and significant
reduction of debt to 438 million euros at June 30, 2010
- Upward revision of the operating margin objective for 2010 to a
level higher than 5% of sales in current market conditions
Following the meeting of its Board of Directors today, Valeo presented
its results for the first half 2010.
PARIS, June 9, 2010 - Valeo announces that its second generation Stop-Start system
will be launched by PSA Peugeot Citroen in the third quarter of 2010.
PARIS, May 19, 2010 - Valeo today announced that it now owns 100% of the capital in
its electrical systems manufacturing entity based in Pune, India.
PARIS, February 24, 2010 -
- Sales Growth of 21%
- Gross Margin at 17.7% of Sales and Operating Margin at 5.5% of Sales:
Highest Levels Recorded in the Past Five Years
- Positive Net Income of 56 Million Euros, Bringing 2009 Full-Year Net
Income Group Share to a Loss of 153 Million Euros
- Strengthened Free Cash Flow[1] in the Fourth Quarter, at 153 Million
Euros
- Decrease in Net Financial Debt of 95 Million Euros in the
Fourth Quarter, to 722 Million Euros at December 31, 2009
Following the meeting of its Board of Directors today, Valeo
presented its results for the fourth quarter 2009.
PARIS -
- Positive net income of 4 million euros, following 3 consecutive quarters of losses - Strong improvement in gross margin at 16.2% of sales, highest 3rd quarter level since 2005 - Operating margin at 3.6% of sales, up by 2.8 points versus 2nd quarter - Reinforced generation of free cash flow[1] (6 million euros) and reduction of net financial debt of 24 million euros - Outlook: - H2 automotive production forecast revised upwards - Net income near break-even point in H2 - Cash consumption of less than 100 million euros for 2009
Following the meeting of its Board of Directors today, Valeo presented its results for the 3rd quarter 2009.
More News
- Valeo wins Gold International “Grand Prix” Award for Automotive Innovation at Equip’Auto
- Valeo Detection Systems Offer Complete Safety for Low-Speed Maneuvers
- Valeo’s Long Travel Damper Dual Mass Flywheel Offers Significantly Improved Acoustic Comfort and Reduced Vibration
- The Audi Q7 Equipped With Valeo’s Tri-Xenon Smart Lighting
- Valeo, the World’s First Supplier to Produce Top Column Modules With the FlexRay System
- Valeo’s New 3D-Effect Position Lamps: a World First on the Citroen D09 Concept Car
- Valeo Engine Cooling Modules to Equip Renault’s Future Electric Vehicles
- Valeo Offers Hybrid Solutions for All
- Valeo’s AquaBlade(R) System: Simplicity, Safety and Ingenuity
- Valeo’s BeamAtic(R) Premium System is a Lighting Revolution
- Strong Improvement of Valeo’s Results in the Second Quarter
- Valeo Research Projects to Receive Financing of up to 300 Million Euros From the European Investment Bank
- Important Reorganization of Valeo to Enhance Profitability and Improve Efficiency
- Valeo Research Projects for Low-CO2 Vehicles Supported by French Environment Agency ADEME
- Valeo: 2009 Combined Annual General Shareholders’ Meeting
- Valeo Launches an Innovative Initiative With Google to Reduce Administrative Expenses
- Valeo: First Quarter 2009 Results