Valeo - La eNewsletter des actionnaires
  December 2012 Valeo
Valeo
Valeo A word from
the Chief Executive Officer
    Results
and outlook
    Business
acquisitions and sales
    CSR
policy
    New
plants
    About
Valeo
Valeo
Valeo
 
A word from the Chief Executive Officer
Valeo
Valeo

Valeo reported sales growth of 7% for the third quarter of 2012 in the context of economic headwinds in Europe, a region that now accounts for less than 50% of our sales. This performance once again demonstrates the strength of our growth model focused on expanding our business in Asia and emerging countries and developing our innovations portfolio, particularly in the area of CO2 emissions reductions.

2011 results and 2012 outlook

Third-quarter 2012
  7% growth in consolidated sales to 2,842 million euros
  6% growth in original equipment sales to 2,393 million euros
  6% growth in aftermarket sales to 357 million euros
Nine months ended September 30, 2012
  11% growth in consolidated sales to 8,841 million euros
  11% growth in original equipment sales to 7,511 million euros
  3% growth in aftermarket sales to 1,089 million euros
  Original equipment sales performed better than Asian and European automotive production
Outlook
  Based on the current outlook for automotive production, Valeo confirms its objective of full-year 2012 operating margin level (in millions of euros) in the same magnitude as full-year 2011
     
 

Go to press release ›››

Go to results presentation ›››


First-half 2012
Valeo announced a record order intake(1) of 8 billion euros (1.6 times original equipment sales), a resilient operating margin of 370 million euros, up 7.2%, and free cash flow of 148 million, up 10%.

Go to press release ›››

(1): Order intake corresponds to business awarded by automakers (less any cancellations) during the period, based on Valeo's best and reasonable estimates in terms of volumes, sale prices and project lifespans.


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Accord
  November 30, 2012
Valeo signs contract with U-Shin for the sale of its Access Mechanisms business

Valeo announced the execution of a contract for the sale of its Access Mechanisms business to Japan-based U-Shin for an enterprise value of 223 million euros. The Access Mechanisms business, which is primarily mechanical-based, comprises products such as locksets, steering column locks, handles and latches. The proposed divestment is aligned with Valeo’s strategy of focusing on solutions to reduce CO2 emissions and on stepping up its development in Asia and in emerging markets.

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  October 29, 2012
Valeo and V. Johnson Enterprises joint venture announce the acquisition of Ford/ACH climate control business

Valeo and V. Johnson have formed a joint venture called Detroit Thermal Systems (DTS) to acquire the climate control business of Automotive Components Holdings (ACH) currently located within its Sheldon Road plant in Plymouth Township, Michigan. This acquisition will give Valeo, which is already a global player in thermal systems, a leadership position in the North American market. DTS will produce climate control systems and components for the automotive industry, including meeting current product supply commitments to Ford previously held by ACH. The acquisition will strengthen Valeo’s Thermal Systems operations and its position with Ford Motor Company in North America and the rest of the world.

Go to press release ›››


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  September 7, 2012
Valeo strengthens its Lighting Alliance in China with Ichikoh

As part of its development strategy in Asia and especially China, Valeo signed an agreement to strengthen its Lighting Alliance in China with Ichikoh. Valeo and Ichikoh will contribute their respective Chinese Lighting operations in a new joint venture that will be owned 85% by Valeo and 15% by Ichikoh. This strategic move will strengthen Valeo’s ties with Ichikoh and enhance the Group’s presence in China, where it intends to double its sales by 2015.

Go to press release ›››


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Politique RSE

European agreement  

As part of its Sustainable and Responsible Development policy, Valeo signed a European agreement on Corporate Social Responsibility (CSR). The purpose of this European agreement is to ensure that an appropriate social framework is in place to accompany the Group's growing internationalization, in line with its principles of responsibility, its code of ethics and its sustainable development policy. The agreement is the result of a voluntary process, and its aim is to promote social and environmental practices which go beyond legal and regulatory obligations.

Go to press release ›››



Employing disabled workers 

As part of its diversity and integration policy, Valeo signed an agreement on the employment of disabled workers, with all the representative trade unions. Valeo intends to increase its support for the employment and insertion of disabled workers, and has undertaken to raise the percentage of disabled workers employed in France to 5% by 2014, and then 6% by 2017.

Go to press release ›››


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Nouveaux sites
Nouveaux sites

Veszprém plant extension

In June, Valeo inaugurated the extension to its plant in Veszprém, Hungary, which produces comfort and driving assistance systems. The enlarged facility will enable Valeo to increase the plant's production capacity by 50% in the coming years. The cornerstone was also laid for a new R&D building, which will double the area dedicated to R&D at the site.

Go to press release ›››


Valeo inaugurates its 22nd site in Guangzhou, China

In May, Valeo inaugurated its Niles plant in Huadu Auto City, Guangzhou, one of China’s major automotive manufacturing bases. This inauguration marked a milestone in Valeo’s strategy of continuous development in Asia and consolidated its position as a global leader in the interior controls market.

Go to press release ›››


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About Valeo

Valeo is an independent industrial Group fully focused on the design, production and sale of components, integrated systems and modules for the automotive industry, mainly for CO2 emissions reduction. Valeo ranks among the world's top automotive suppliers. The Group has 127 plants, 21 research centers, 40 development centers, 12 distribution platforms and employs 71,900 people in 28 countries worldwide.

www.valeo.com ›››


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Valeo
  Valeo is awarded the Grand Prix for Financial Transparency
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From left to right:
Robert Charvier, Chief Financial Officer, and Thierry Lacorre, Investor Relations Director


Valeo certified as Top Employer France and Europe 2012
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This label recognizes companies for the excellence of their Human Resources management.

 
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  February 2013

Annual results

 
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  Paris Motor Show
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IAA Hanover Motor Show
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  2012 Shareholders' Guide coming soon…
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  Investor Relations

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