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Valeo’s 2016 net income up 27% y/y to USD974.5 million

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Financial results

Order intake up 17% y/y

Valeo’s net income increased 27% year-over-year (y/y) to EUR925 million in the financial year ended 31 December 2016 driven by 14% y/y growth in sales to EUR16.5 billion, said the company’s press release on 16 February.

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