Report
Michael Foundoukidis

Valeo : Des précisions bienvenues mais qui ne rassurent pas pour autant

>Le CMD a mis en évidence les atouts… …mais aussi les points faibles - Si le groupe avait publié la veille ses objectifs financiers (cf. notre flash détaillé), il a fallu attendre hier afin d’avoir davantage de précisions sur les hypothèses, la trajectoire ou encore les perspectives de la JV Valeo Siemens. Au global et au-delà d’un positionnement technologique convaincant à la fois sur l’électrification et l’assistance à la conduite (ce dont nous ne doutions pas), no...
Underlying
Valeo SE

Valeo is an automotive supplier, partner to automakers worldwide. As an industrial and technology company, Co. focuses on designing, manufacturing and selling components, integrated systems and modules for automobiles and heavy goods vehicles, both on the original equipment and the aftermarket segments. In addition, Co. offers innovative products and systems that contribute to the reduction of CO2 emissions and to the development of intuitive driving to its customers. Co. operates through four business groups: Comfort and Driving Assistance Systems, Powertrain Systems, Thermal Systems, and Visibility Systems.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Michael Foundoukidis

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