|Bid||16.37 x 0|
|Ask||16.55 x 0|
|Day's range||16.46 - 16.46|
|52-week range||14.16 - 29.77|
|Beta (5Y monthly)||1.86|
|PE ratio (TTM)||109.73|
|Forward dividend & yield||0.35 (2.18%)|
|Ex-dividend date||27 May 2022|
|1y target est||N/A|
VLEEY vs. RACE: Which Stock Is the Better Value Option?
Valeo's half-year earnings before interest, tax, depreciation and amortisation fell nearly 8% year-on-year to 1.11 billion euros ($1.12 billion), but beat a company-supplied analyst consensus forecast of 1.07 billion euros. "The context has been difficult," CEO Christophe Perillat told reporters, referring to microchip shortages that have dogged the automotive sector. Valeo said in February that it expected a 2022 core profit margin in a range of 11.8-12.3%, down from 13.4% last year.
French telecoms company Orange has picked Jacques Aschenbroich, the chairman of Valeo, to become its next chairman, newspaper Le Monde reported in its Friday issue, citing a source close to the matter. Orange declined to comment while Valeo did not immediately reply to a Reuters request for comment. The nomination of Aschenbroich, 67, is due to be confirmed by a board vote on March 30 and will be submitted to shareholders during a general meeting scheduled on May 19, Le Monde added.