Valeo reports €11.2 billion sales in H1 2023, up 19%
The operating margin of 3.2%, up 200 basis points
Backed by a strong performance in two business areas like advanced driver-assistance system (ADAS) and powertrain electrification, Frence-head-quartered auto component maker Value’s H1 2023 sales jumped by 19% to €11.2 billion. The OEM sales were up 19 % in the quarter against the industry average of 8 %, also the company reported strong growth in the aftermarket sales which was 5% on an adjusted basis.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here