Report
Anthony Dick ...
  • Michael Foundoukidis

Valeo : Une publication mitigée

>Des résultats S2 et une guidance à même de décevoir - Valeo a publié, hier soir, des résultats S2 2022 en ligne au niveau des ventes, inférieurs au niveau de l’EBIT (-6% vs consensus) et, à l’inverse et comme ses pairs, bien supérieurs au niveau du FCF ajusté (+34%), sans toutefois que cette bonne surprise se retrouve sur l’endettement plus élevé qu’attendu. Quant aux perspectives, les objectifs 2023 suggèrent, en milieu de fourchette, une rentabilité seulement stabl...
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

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