Valeo reports Q1 2022 net sales at USD5.10 billion, up 1.84% y/y

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Automotive production contracted due to supply chain tensions for electronic components

Valeo has reported first-quarter net sales at EUR4.75 billion with a year-on-year (y/y) reduction of 1.84% compared to EUR4.66 billion in the first quarter of 2021 for the three months ended 31 March 2022, according to a filing by the company on 26 April 2022.

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