Valeo : Enough to keep the flame alive?
>New targets broadly in line with the rebased consensus - Ahead of its CMD, Valeo unveiled its new financial targets out to 2022. While details on the path are to be provided during the day, the new targets are unlikely to cause any surprises. They suggest an increase in the key financial metrics that is broadly in line with the consensus which has adjusted significantly following two very challenging years for the group. Finally, the new targets for the Valeo-Siemens...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.
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.
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