Report
Anthony Dick ...
  • Michael Foundoukidis

Valeo : Une publication pas de nature à améliorer la perception du secteur…

>CA 3% sous les attentes et message bien plus prudent sur la fin d’année et 2025 - Valeo a publié un CA T3 de 4 967 M€, en baisse de 5% en publié et 3% sous les attentes. Face à une production automobile en baisse de 5.5% au T3, la surperformance ressort donc à 3 pt, à nouveau surtout pénalisée par la Chine et la division Power. Au-delà, l’équipementier a, encore, révisé en baisse son objectif annuel de CA (-3% vs consensus ; 21.3 Md€ vs 22.0 Md€), arguant d’un enviro...
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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