Valeo Q3 2024 Sales
PARIS
October 24, 2024
In a worsening automotive market in the
second half, Valeo is confirming its margin and free cash flow
guidance for full-year 2024.
Valeo records third-quarter sales of 5.0
billion euros. Original equipment sales outperform automotive
production by 3 percentage points.
- Sales of 5.0 billion euros,
down 2% on a like-for-like basis (LFL)
- Original equipment sales outperform automotive
production by 3 percentage points (down 2% LFL). Outperformance
across all Divisions versus automotive production
- Aftermarket
sales up 3% LFL
- 2024 objectives: Valeo is
maintaining its margin and free cash flow guidance with margins
significantly higher in the second half of the year versus the
first half thanks to the rigorous management of its activities and
the implementation of cost adjustment measures amid adverse market
conditions. Valeo is adjusting its sales objective to around 21.3
billion euros
- 2025 objectives: given the
worsening economic environment and the significant uncertainty
surrounding automotive production volumes, Valeo will publish
guidance adapted to these new market conditions when it publishes
its 2024 results. For 2025, Valeo remains fully focused on
generating free cash flow and reducing its debt. The year 2025
therefore represents a further step in which Valeo aims to deliver
an original equipment sales outperformance versus
automotive production and significantly improve its profitability
and cash generation (in absolute terms) compared with
2024
“In the third quarter, Valeo outperformed
automotive production by 3 percentage points, representing an
improvement on the first half of 2024. The BRAIN Division
outperformed the market (5 percentage points), thanks in particular
to the strong momentum of its Interior Experience (displays,
Phone-as-a-Key and telematics) business. In the LIGHT Division, a
significant number of production launches in the Division's main
regions across the world contributed to this improved
outperformance (4 percentage points). The POWER Division continues
to contend with an unfavorable environment, in particular due to
much lower than expected volumes in high-voltage electrification.
Thanks to the sound performance of its traditional activities, the
Division outperformed automotive production by 1 percentage point
over the quarter.
Given the worsening market environment, we
are adjusting our sales objectives for full-year 2024 to around
21.3 billion euros1. We remain fully
focused on continuing to improve our financial performance in line
with the margin and cash generation objectives we set
ourselves for 2024. The significant improvement in our
earnings in the second half of the year compared with the first
half will enable us to achieve these objectives. This performance
is driven by the remarkable commitment of Valeo’s teams in
rigorously managing our activities and implementing significant
cost adjustment measures.
Given the worsening economic environment and
the significant uncertainty surrounding automotive production
volumes, we will publish new 2025 guidance adapted to these new
market conditions when we publish our 2024 results. We remain
focused on cash generation and confirm our aim of taking a further
step in significantly improving our profitability and
reducing our debt in 2025.”
Christophe Périllat, Valeo’s Chief Executive
Officer
Sales of 4,967 million
euros in third-quarter 2024, down 2%
like for like
Sales
(in millions of euros) |
As a % of sales |
|
Q3 2024 |
|
Q3 2023 |
Change |
FX |
Scope |
LFL* change |
|
Original equipment |
84% |
|
4,197 |
|
4,433 |
-5% |
-1% |
-2% |
-2% |
|
Aftermarket |
11% |
|
538 |
|
569 |
-5% |
-4% |
-4% |
+3% |
|
Miscellaneous |
5% |
|
232 |
|
222 |
+5% |
—% |
+2% |
+2% |
|
Total |
100% |
|
4,967 |
|
5,224 |
-5% |
-2% |
-2% |
-2% |
* Like for like
(2).
S&P Global Mobility automotive production
estimates are down 5% on the third quarter of 2023. This decrease
reflects both the postponement of production launches by customers
and the impact on demand of uncertainty surrounding the adoption of
electric vehicles.
Total sales for third-quarter
2024 came in at 4,967 million euros, down 5% compared with the same
period in 2023.
Changes in Group structure had a negative 1.6%
impact, mainly linked to the sale of the Thermal Commercial
Vehicles activity towards the end of the first half of the
year.
Changes in exchange rates had a negative 1.8%
impact, primarily due to the appreciation of the euro against the
Japanese yen and the South Korean won.
On a like-for-like basis, sales fell by 2%.
Original equipment
sales were down by 2% like for like, outperforming
automotive production by 3 percentage points.
Aftermarket sales rose by 3% on
a like-for-like basis compared with the prior-year period, fueled
by the increased number and age of vehicles on the road, and an
increasingly attractive offering of value-added products.
“Miscellaneous” sales (tooling and customer
contributions to R&D) increased by 2% like for like.
Original equipment sales deliver 3
percentage point outperformance in the third quarter
Original equipment sales***
(in millions of euros) |
As a % of sales |
|
Q3 2024 |
|
Q3 2023 |
Change |
LFL* change |
Perf. ** |
|
Europe & Africa |
46% |
|
1,916 |
|
1,966 |
-3% |
—% |
+6 pts |
|
Asia, Middle East & Oceania |
32% |
|
1,349 |
|
1,446 |
-7% |
-4% |
+1 pt |
| o/w Asia
(excluding China) |
17% |
|
717 |
|
724 |
-1% |
+3% |
+10 pts |
|
o/w China |
15% |
|
632 |
|
722 |
-12% |
-12% |
-9 pts |
|
North America |
20% |
|
844 |
|
918 |
-8% |
-6% |
-1 pt |
|
South America |
2% |
|
88 |
|
103 |
-15% |
+14% |
+5 pts |
|
Total |
100% |
|
4,197 |
|
4,433 |
-5% |
-2% |
+3 pts |
* Like for like.
** Based on S&P Global Mobility automotive production
estimates released on October 15, 2024.
*** Original equipment sales by destination
region.
In the third quarter of 2024, original equipment
sales fell by 2% like for like, outperforming automotive production
by 3 percentage points.
In Europe and Africa, the Group
outperformed automotive production by 6 percentage points: the
POWER Division benefited from growth in its activities, excluding
the high-voltage electric powertrain business (thermal systems,
transmission systems and 48V), thanks to the ramp-up of production
for European automakers. This momentum more than offset the impact
of the sharp drop in activity on certain electric vehicle
platforms. The BRAIN division reported robust growth in its ADAS
business (particularly for front cameras and computer-vision
cameras) and its Interior Experience business (particularly
displays, Phone-as-a-Key and telematics), while the LIGHT division
was lifted by a significant number of production launches for
several European automakers.
In Asia, the Group outperformed
automotive production by 1 percentage point:
-
in China, the Group underperformed automotive
production by 9 percentage points. It continued the repositioning
of its customer portfolio (around 50% of original equipment sales
and 60% of order intake recorded with automakers (excluding joint
ventures) in China since the beginning of 2024). The LIGHT Division
is fully benefiting from recent production launches for a North
American automaker and several Chinese automakers, particularly in
the area of electrification;
-
in Asia excluding China, Valeo outperformed
automotive production by 10 percentage points, thanks to good
momentum for the BRAIN Division in ADAS. The LIGHT Division was
penalized by production stoppages at several Japanese automakers,
linked in part to the typhoon at the end of August.
In North America, Valeo
underperformed automotive production by 1 percentage point, despite
the LIGHT Division enjoying the full effects of the ramp-up in
production of a new contract in electrification for a North
American automaker.
In South America, the Group
outperformed automotive production by 5 percentage points.
Segment reporting
In the third quarter of 2024, all three Divisions
outperformed automotive production, POWER impacted by weak
high-voltage activity
Sales by Division
(in millions of euros) |
Q3 2024 |
|
Q3 2023 |
Change in sales |
Change in OE sales* |
Perf. ** |
|
POWER |
2,470 |
|
2,694 |
-8 % |
-4% |
+1 pt |
|
High-voltage electrification |
189 |
|
220 |
-14 % |
-15% |
-10 pts |
|
Traditional activities |
2,281 |
|
2,474 |
-8 % |
-3% |
+2 pts |
|
BRAIN*** |
1,214 |
|
1,210 |
— % |
—% |
+5 pts |
|
ADAS |
776 |
|
793 |
-2 % |
-3% |
+2 pts |
|
Interior Experience |
438 |
|
404 |
+9 % |
+7% |
+12 pts |
|
LIGHT |
1,270 |
|
1,280 |
-1 % |
-1% |
+4 pts |
|
Other |
13 |
|
40 |
N/A |
N/A |
N/A |
|
Group |
4,967 |
|
5,224 |
-9 % |
-2% |
+3 pts |
* Like for like.
** Based on S&P Global Mobility automotive production
estimates released on October 15, 2024. (Q3 2024 global
production growth: -5%).
*** Including the Top Column Module business.
The sales performance for the Divisions reflects
the specific product, geographic and customer mix and the relative
weighting of the aftermarket in their activity as a whole.
In the third quarter, the POWER
division posted a 1 percentage point outperformance (excluding the
high-voltage electrification business, the POWER Division's
outperformance was 2 percentage points). The POWER Division's
traditional activities (thermal systems, transmission systems and
48V) outperformed automotive production by 2 percentage points.
This more than offset the decline in the high-voltage electric
powertrain activity (189 million euros in the third quarter of 2024
versus 220 million euros in the same period in 2023, i.e., an
underperformance of 10 percentage points compared with automotive
production), which was heavily penalized by the decline in activity
on certain electric vehicle platforms in Europe.
The BRAIN Division posted an
outperformance of 5 percentage points, thanks to the outperformance
of its Interior Experience (in particular displays, Phone-as-a-Key
and telematics) and ADAS (front cameras and computer-vision
cameras) activities, particularly in Europe and Asia excluding
China. The Interior Experience and ADAS activities' original
equipment sales delivered a 12 percentage point and 2 percentage
point outperformance, respectively.
The LIGHT Division outperformed
automotive production by 4 percentage points, driven by a
significant number of production launches in Europe, and China,
including for several Chinese automakers in electrification. The
Division's performance was also fueled by recent production
launches for a North American automaker in the field of
electrification. In Japan, the Division's activity was penalized by
production stoppages at several Japanese automakers, linked in part
to the typhoon at the end of August.
2024 and 2025 objectives
2024 objectives:
Valeo is maintaining its margin and free cash
flow guidance with margins significantly higher in the second half
of the year versus the first half thanks to the rigorous management
of its activities and the implementation of cost adjustment
measures amid adverse market conditions. Valeo is adjusting its
sales objective to around 21.3 billion euros.
|
|
2024 guidance (a) (b) |
Previous 2024 guidance (a) (b) |
|
Sales
(in billions of euros) |
~21.3 |
~22.0 |
|
EBITDA (as a % of sales)
|
12.1% to 13.1% |
12.1% to 13.1% |
|
Operating margin (as a % of sales) |
4.0% to 5.0% |
4.0% to 5.0% |
Free cash flow
before one-off exceptional cost adjustment measures (c)
(in millions of euros) |
~500 |
~500 |
Free cash flow
after one-off exceptional cost adjustment measures
(c)
(in millions of euros) |
~350 |
~350 |
(a) Second-half free cash
flow generation higher than in the first half.
(b) For greater comfort, figures are based on (i) light vehicle
production 3% below the S&P Global Mobility scenario released
on February 16, 2024, and
(ii) sales in high-voltage electrification of around 0.85
billion euros in 2024.
(c) Includes, but is not limited to,
potential restructuring measures.
2025 objectives:
The outlook for 2025 currently shows a worsening
economic environment and significant uncertainty surrounding
production volumes at Valeo’s customers, due in particular to a
slowdown in the Chinese economy, the application of new or
potential environmental standards in Europe, China and North
America, as well as to delays in customer programs and inventory
management impacts.
Valeo will publish its 2025 guidance adapted to
these new market conditions when it publishes its 2024 results. For
2025, Valeo remains fully focused on generating free cash flow and
reducing its debt: the year 2025 therefore represents a further
step in which Valeo aims to deliver an original equipment sales
outperformance versus automotive production and significantly
improve its profitability and cash generation (in absolute terms)
compared with 2024.
Upcoming events
2024 annual results: February 27, 2025
Highlights
ESG
On January 2, Christophe
Perillat, CEO of Valeo, nominated Édouard de Pirey as Chief
Financial Officer. He takes over from Robert Charvier who, after 24
years with the Group, has retired. Click here
On March 27, Valeo informed its
shareholders that its Combined (ordinary and extraordinary) General
Shareholders' Meeting would be held on May 23, 2024. Click here
On April 3, Valeo announced
that it had published its 2023 Universal Registration Document.
Click here
On April 22, Valeo took a new
step towards electric mobility and announced the creation of its
new Valeo POWER division. Click here
On May 23, Valeo announced that
its 2024 Shareholders' Meeting had taken place. Click here
Industrial partnerships
Valeo took part in CES 2024 from January
8 to 12, during which it announced several
partnerships:
- On January 4,
Valeo and Teledyne FLIR announced that they had signed an agreement
and first contract for thermal imaging for automotive safety
systems. Click here
- On January 4,
Valeo and Sennheiser presented ImagIn: an immersive sound and light
experience in your car. Click here
- On January 4,
Valeo and Applied Intuition announced their partnership to provide
digital twin technology for ADAS simulation. Click here
- On January 8,
ZutaCore® and Valeo announced their first contract for innovative
data center cooling. Click here
On February 8, Dawex, Schneider
Electric, Valeo, CEA and Prosyst joined forces to create
Data4Industry-X, the trusted data exchange solution for industry.
Click here
On May 7, Valeo and ICAP GROUP,
the owner of Tecnobus, announced they had signed an agreement to
prepare the future of mobility in Ferentino. Click here
On May 23, Valeo and Smovengo
committed to circular maintenance of Vélib’ electric bike motors
and batteries. Click here
On June 11, Valeo partnered
with Dassault Systèmes to accelerate the digitalization of its
R&D. Click here
On July 8, Valeo and Seeing
Machines announced a strategic collaboration to offer advanced
driver and occupant monitoring solutions. Click here
On October 14, Valeo and MAHLE
announced the extension of their range of magnet free electric
motors to upper segment applications through a Joint Development of
iBEE (Inner Brushless Electrical Excitation). Click here
On October 14, Valeo and HERE
Technologies presented Valeo Smart Safety 360 with Navigation on
Pilot at the Paris Motor Show 2024. Click here
On October 18, Valeo and
TotalEnergies announced the strengthening of their partnership for
the next generation of EVs. Click here
Products/technologies and patents
On January 4, Valeo announced
expanded software capabilities in North America to support
increased demand. Click here
On January 8, Valeo announced
its acceleration in artificial intelligence thanks to Google Cloud
tools. Click here
From January 8 to 12, Valeo
took part in CES 2024, where it presented groundbreaking
innovations from its booth and from its live demonstration area
paving the way for affordable, greener, safer and more connected
mobility:
- On January 4,
Valeo presented the latest update of its Valeo Cyclee™ Mid-Drive
Unit solution with a new HMI and reduced noise and vibration at CES
2024. Click here
- On January 4, Valeo presented Ineez™ Air
Charging, its solution for wireless charging for electric vehicles.
Click here
On January 10, Valeo's Vsevolod
Vovkushevsky announced that he had been named a MotorTrend Software
Defined Vehicle Innovator Awards Winner. Click here
On January 18, Mister-Auto integrated the Valeo
Canopy low-carbon-footprint wiper blade range. Click here
On January 23, Valeo announced
that it had once again ranked first among French patent applicants
worldwide. Click here
On January 25, Smart #3
equipped with Valeo Smart Safety 360 received 5 stars at Euro NCAP
Click here
On February 1, Valeo was
certified ISO/SAE21434, the benchmark for automotive cybersecurity,
by UTAC. Click here
On February 21, Valeo announced
its participation in SXSW 2024. Click here
On February 26, Valeo announced
its participation at the Taipei Cycle Show 2024. Click here
On March 4, Valeo presented
Valeo Racer, a new extended reality in-car gaming experience
developed with Unity, at South by Southwest 2024. Click here
On March 6, Valeo announced
that it is Launch Partner for SDVerse, a new Automotive Software
Marketplace Click here
On March 28, Valeo announced
that it is taking the driver's seat on generative AI with Google
Cloud. Click here
On March 29, Valeo announced
the opening of a new plant in Daegu (South Korea) for the
production of Advanced Driver Assistance Systems. Click here
On April 17, Valeo announced it
was celebrating 30 years in China and showcased its latest
technologies at Auto China – Beijing 2024. Click here
On April 25, Valeo was named
the number 1 French patent filer in Europe and the number 3 patent
filer in France. Click here
On April 30, Valeo won an
automotive News PACE award for its SCALA™ 3 LiDAR. Click here
On May 16, Valeo announced that
its Valeo eAccess solution would power the Toyota APM electric
shuttles for a major summer 2024 sporting event. Click here
On June 24, Valeo received the
Frost & Sullivan 2024 Global Company of the Year award for its
market-leading position on software-defined vehicles. Click
here
On June 26, Valeo announced it
would be taking part in the Eurobike 2024 trade show, held from
July 3 to 7, 2024. Click here
On September 9, Valeo showcased
its technologies dedicated to commercial vehicles at IAA
Transportation 2024. Click here
From October 14 to 20, Valeo
took part in the Paris Motor Show 2024. Click here
On October 16, Valeo leveled up
the expertise of its mechanics thanks to the launch of Valeo Tech
Academy. Click here
Financing activities and financial ratings
On March 11, Valeo announced
the implementation of its share buyback program. Click here
On March 22, Moody's affirmed
Valeo’s “Baa3” long-term issuer rating, negative outlook, and “P3”
short-term issuer rating. Click here
On April 3, Standard &
Poor’s affirmed Valeo’s “BB+” long-term issuer rating, revising its
outlook from “stable” to “negative”. Click here
On April 4, Valeo announced a
green bond issue for an amount of 850 million euros with maturity
April 2030. Click here
On May 15, Valeo announced the
completion of its share buyback program. Click here
On September 26, Moody’s
Ratings (Moody’s) agency revised its long-term issuer rating of
Valeo from “Baa3” to “Ba1” and its short-term commercial paper
rating from “Prime-3” to “Non-Prime”. The outlook is negative.
Click here
Financial glossary
Like for like (or LFL): the
currency impact is calculated by multiplying sales for the current
period by the exchange rate for the previous period. The Group
structure impact is calculated by adjusting sales by elimination
(or by addition in the event of a change in consolidation method)
to ensure that the prior period is comparable with the current
period.
Operating margin corresponds to
operating income before other income and expenses before share in
net earnings of equity-accounted companies.
EBITDA corresponds to (i)
operating margin before depreciation, amortization and impairment
losses (included in the operating margin) and the impact of
government subsidies and grants on non-current assets, and (ii) net
dividends from equity-accounted companies.
Free cash flow corresponds to
net cash from operating activities (excluding changes in
non-recurring sales of receivables and net payments for the
principal portion of lease liabilities) after taking into account
acquisitions and disposals of property, plant and equipment and
intangible assets.
Appendices
Year-to-date figures
Sales
YTD sales
(in millions of euros)
|
As a % of sales |
|
YTD 2024 |
|
YTD 2023 |
Change |
LFL* change |
|
FX |
Scope |
|
Original equipment |
84% |
|
13,492 |
|
13,977 |
-3% |
-1% |
|
-1% |
-1% |
|
Aftermarket |
11% |
|
1,728 |
|
1,736 |
—% |
+4% |
|
-3% |
-2% |
|
Miscellaneous |
5% |
|
864 |
|
723 |
+20% |
+21% |
|
-1% |
-1% |
|
Total |
100% |
|
16,084 |
|
16,436 |
-2% |
—% |
|
-1% |
-1% |
* Like for like.
Sales by destination region
Original equipment sales
(in millions of euros)
|
As a % of sales |
|
YTD 2024 |
|
YTD 2023 |
LFL* change |
Perf.** |
|
Europe & Africa |
48% |
|
6,517 |
|
6,657 |
-2 % |
+1 pt |
|
Asia, Middle East & Oceania |
30% |
|
4,036 |
|
4,331 |
-2% |
-1 pt |
| o/w Asia
(excluding China) |
16% |
|
2,138 |
|
2,254 |
+2% |
+7 pts |
|
o/w China |
14% |
|
1,898 |
|
2,077 |
-5% |
-7 pts |
|
North America |
20% |
|
2,678 |
|
2,702 |
—% |
+1 pt |
|
South America |
2% |
|
261 |
|
287 |
—% |
+2 pts |
|
Total |
100% |
|
13,492 |
|
13,977 |
-1% |
+1 pt |
* Like for like.
** Based on S&P Global Mobility
automotive production estimates released on October 15,
2024.
Sales by Division
Sales by Division
(in millions of euros)
|
YTD 2024 |
|
YTD 2023 |
Change in sales |
Change in OE
sales* |
Perf.** |
|
POWER |
8,162 |
|
8,645 |
-6% |
-5% |
-3 pts |
|
High-voltage electrification |
702 |
|
1,067 |
-34% |
-37% |
-35 pts |
|
Traditional activities |
7,460 |
|
7,578 |
-2% |
—% |
+2 pts |
|
BRAIN*** |
3,783 |
|
3,658 |
+3% |
+4% |
+6 pts |
|
ADAS |
2,436 |
|
2,356 |
+3% |
+3% |
+5 pts |
|
Interior Experience |
1,349 |
|
1,284 |
+5% |
+5% |
+7 pts |
|
LIGHT |
4,123 |
|
4,096 |
+1% |
+1% |
+3 pts |
|
Other |
16 |
|
37 |
N/A |
N/A |
N/A |
|
Group |
16,084 |
|
16,436 |
-2% |
-1% |
+1 pt |
* Like for like.
** Based on S&P Global Mobility automotive production
estimates released on October 15, 2024. (YTD global production
growth: -2%).
*** Including the Top Column Module business.
2023 segment information
|
Segment information |
POWER |
BRAIN* |
LIGHT |
Other* |
Group |
|
Sales |
11,571 |
4,878 |
5,541 |
54 |
22,044 |
|
EBITDA |
1,171 |
690 |
736 |
50 |
2,647 |
|
Net R&D expenditure |
(895) |
(728) |
(396) |
(10) |
(2,029) |
|
Investments in property, plant & equipment & intangible
assets |
715 |
869 |
563 |
66 |
2,213 |
|
Segment assets |
6,948 |
3,519 |
2,967 |
275 |
13,709 |
*In line with the Group’s new organizational structure
effective as from June 30, 2024, the Top Column Module activity is
presented as part of the BRAIN Division.
Safe Harbor Statement
Statements contained in this document which,
when they are not historical fact, constitute “forward-looking
statements”. These statements include projections and estimates and
their underlying assumptions, statements regarding projects,
objectives, intentions and expectations with respect to future
financial results, events, operations, services, and product
development and potential and future performance. Even though
Valeo’s Management feels that the forward-looking statements are
reasonable as at the date of this document, investors are put on
notice that the forward-looking statements are subject to numerous
factors, risks and uncertainties that are difficult to predict and
generally beyond Valeo’s control, which could cause actual results
and events to differ materially from those expressed or projected
in the forward-looking statements. Such factors include, among
others, the Company’s ability to generate cost savings or
manufacturing efficiencies to offset negotiated or imposed price
reductions. The risks and uncertainties to which Valeo is exposed
mainly comprise the risks resulting from the investigations
currently being carried out by the antitrust authorities as
identified in the Universal Registration Document, risks related to
the automotive equipment industry and to the development and launch
of new products and risks due to certain global and regional
economic conditions, environmental and industrial risks as well as
risks and uncertainties described or identified in the public
documents submitted by Valeo to the French financial markets
authority (Autorité des marchés financiers – AMF),
including those set out in the “Risk Factors” section of the 2023
Universal Registration Document registered with the AMF on March
29, 2024 (under number D.24-0218).
In addition, other risks which are currently
unidentified or considered to be non-material by the Group, could
have the same adverse impact and investors could lose all or part
of their investment. Forward-looking statements are given only as
at the date of this document and Valeo does not undertake to update
the forward-looking statements to reflect events or circumstances
which occur subsequent to the publication of this document. Valeo
assumes no responsibility for any analyses issued by analysts and
any other information prepared by third parties which may be used
in this document. Valeo neither intends to review, nor will it
confirm, any estimates issued by analysts.
About Valeo
As a technology company and partner to all automakers and new
mobility players, Valeo is innovating to make mobility cleaner,
safer and smarter. Valeo enjoys technological and industrial
leadership in electrification, driving assistance systems,
reinvention of the interior experience and lighting everywhere.
These four areas, vital to the transformation of mobility, are the
Group's growth drivers.
Valeo in figures: 22 billion euros in sales in
2023 | 109,600 employees, 28 countries, 159 plants, 64 research and
development centers, 19 distribution platforms at June 30,
2024.
Valeo is listed on the Paris Stock Exchange.
Media Relations
Dora Khosrof | +33 7 61 52 82 75
Caroline De Gezelle | +33 7 62 44 17 85
press-contact.mailbox@valeo.com
Investor Relations
+33 1 40 55 37 93
valeo.corporateaccess.mailbox@valeo.com
1 Previous guidance for full-year 2024 sales of around 22
billion euros.
(2) See
financial glossary, page 9.
Valeo (EU:FR)
과거 데이터 주식 차트
부터 11월(11) 2024 으로 12월(12) 2024
Valeo (EU:FR)
과거 데이터 주식 차트
부터 12월(12) 2023 으로 12월(12) 2024
