Valeo’s Q3 sales up 8% y/y to USD5.1 billion

Financial results

French supplier expects full-year sales growth to outperform increase in global vehicle output by 5 percentage points

Valeo has reported an 8% year-over-year (y/y) increase in consolidated sales to EUR4.3 billion (USD5.1 billion as on 30 September 2017) for the third quarter ended 30 September 2017, the French automotive supplier said in a press release on 24 October. Sales on like-for-like basis (constant group structure and foreign exchange rates) were up 5% y/y.

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