Report
Michael Foundoukidis

Valeo : Le court terme rassure, le moyen terme inquiète et les doutes persistent…

>Et Valeo confirma sa guidance… - Avec des résultats S1 2019 encourageants en première approche, voire très solides sur le plan du FCF, Valeo a su démontrer que son activité « core » avait touché un point bas au S2 2018 et que le redressement, certes encore modeste, était en cours. De plus, alors qu’une baisse de la guidance annuelle était attendue compte tenu d’une conjoncture moins favorable, le groupe a surpris en maintenant sa guidance annuelle (ou presque… comme ...
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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