Valeo - La eNewsletter des actionnaires
  November 2013 Valeo
Valeo
Valeo A word from
the Chief Executive Officer
    Third-quarter
2013 sales
    For further
information
    About
Valeo
Valeo
Valeo
 
Le mot du Directeur Général
Valeo

"Valeo's sales growth accelerated in the third quarter of 2013. The Group recorded excellent figures for the original equipment market (up 13%, 11 percentage points higher than global automotive production), as well as in the aftermarket (up 10%) and demonstrated its capacity for balanced growth, outpacing the market in all regions across the globe. These results reflect the gradual entry into production of the high order intake recorded by the Group over the last three years and the strength of Valeo's growth model."

Jacques Aschenbroich,
Valeo's Chief Executive Officer

Résultats du 1er trimestre 2013 et perspectives 2013

Valeo reports a sales growth accelerating to 12% on a like-for-like basis and an original equipment sales growth (on a like-for-like basis) evenly spread across the different regions: up 10% in Europe, 25% in North America, 13% in Asia and 10% in South America.

Third-quarter 2013
Third-quarter sales came in at 2,905 million euros (up 2.2% versus the same prior-year period). After taking account of exchange rate effects (5.2%) and changes in Group structure (4.4%), growth came to 12% on a like-for-like basis (up 8% in the first nine months of the year).

Performance on a like-for-like basis evenly spread between the original equipment business (up 13%) and the aftermarket business (up 10%).

Original equipment sales growth outpaced the global market by 11 percentage points, with contributions evenly spread across the different production regions (on a like-for-like basis):
  • Up 10% in Europe, 9 percentage points higher than the market;
  • Up 13% in Asia, 11 percentage points higher than the market Including 24% growth in China, 16 percentage points higher than the market;
  • Up 25% in North America, 20 percentage points higher than the market;
  • Up 10% in South America, 7 percentage points higher than the market.
Growth outpaced the market in all Business Groups.

 
2013 outlook
Valeo confirms the objectives set when the Group released the first-half 2013 results:
performance higher than the market in the main production regions;

assuming stabilized market conditions in Europe, a slight increase in operating margin (as a percentage of sales) compared to 2012.

Go to press release ›››


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Pour aller plus loin...

September 30, 2013
Valeo announces the acquisition of Eltek Electric Vehicles
Eltek Electric Vehicles is a Norwegian company fully dedicated to designing, developing, manufacturing, assembling and commercializing worldwide high efficiency on-board chargers for passenger cars and commercial vehicles.
This acquisition will enable Valeo to accelerate and expand the development of its offer for hybrid and electric vehicles by adding Eltek Electric Vehicles' on-board chargers.

Go to press release ›››


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Valeo en bref

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 124 plants, 20 research centers, 36 development centers, 12 distribution platforms and employs 75,300 people in 29 countries worldwide.

www.valeo.com ›››


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Valeo
  February 20, 2014:

Full-year 2013 results

 
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