Report
Anthony Dick ...
  • Michael Foundoukidis

Valeo : Pas de mauvaise surprise mais toujours des interrogations

>Résultats 2023 et guidance 2024 « en ligne », objectifs 2025 revus en baisse - Valeo a publié, hier soir, des résultats S2 2023 légèrement meilleurs qu’attendu mais néanmoins de moindre qualité (R&D capitalisée supérieure sur la marge, impact BFR bien supérieur aux attentes sur le FCF notamment). Ceci se retrouve également dans les objectifs 2024 qui ressortent globalement en ligne avec les attentes mais intègrent une R&D capitalisée encore en hausse vs 2023 et un FC...
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
Anthony Dick

Michael Foundoukidis

Other Reports on these Companies
Other Reports from Oddo BHF
Matthias Desmarais
  • Matthias Desmarais

ResearchPool Subscriptions

Get the most out of your insights

Get in touch