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Valeo SE (VLEEF)

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15.120.00 (0.00%)
At close: 10:40AM EDT
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  • GlobeNewswire

    Acquisition of shares

    PRESS RELEASEParis, 15 May, 2024 Acquisition of shares Valeo has requested the assistance of an investment services provider in order to achieve certain objectives of its share buy-back program, as authorized by the General Shareholders’ Meeting of May 24, 2023. According to the terms of the contract signed on March 11, 2024, Valeo acquired 2,175,683 shares on May 13, 2024 at an average price of 11.4906 euros. All these shares are allocated to cover the implementation of free and performance sha

  • Reuters

    Car parts maker Valeo posts lower first-quarter sales on weak EV demand

    French car parts maker Valeo posted slightly lower first-quarter sales on Thursday, as weak electric vehicle (EV) high-voltage activity overshadowed its traditional powertrain business. "We're currently experiencing disappointing sales volumes for electric vehicles, particularly in Europe, where we have major programmes," CEO Christophe Perillat said in a media call. To face those uncertainties, Valeo has been careful to no longer have plants only specialized in high voltage, but able to address both hybrids and EVs, Perillat said.

  • GlobeNewswire

    Valeo Q1 2024 Sales - First-quarter sales of 5.4 billion euros, up 2% like for like

    PARISApril 25, 2024 First-quarter sales of 5.4 billion euros, up 2% like for like2024 and 2025 objectives reaffirmed Sales of 5.4 billion euros, up 2% on a like-for-like basis (LFL) Original equipment sales up 1% LFLOutperformance of 2 percentage points versus automotive production, after a slightly unfavorable geographic mix 7 percentage point outperformance for ADAS, 6 percentage point outperformance for the Visibility Systems Business Group, 4 percentage point outperformance for the Thermal S