Valeo : No news, good news?
>Q3 revenue in line and full-year targets confirmed, as expected - Valeo released its Q3 2022 sales figures yesterday evening, with Q3 sales reaching € 5,259m and thus meeting expectations (€ 5,250m), having grown by 33% on a reported basis (+19% organic growth, a +6% FX impact and a +8% scope effect). Like its peers, Valeo’s performance was driven by the sharp rebound in automotive production (+27%, original equipment sales up 24%) as Q3 2021 was the quarter when sem...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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