News•Apr 24, 2026
Valeo : Recul De 3,6% Du Chiffre D'affaires Au 1er Trimestre, Objectifs 2026 Confirmés
Valeo reported a 3.6% drop in first‑quarter revenue, driven by the November 2025 sale of its propulsion‑sensor business and a negative euro‑currency effect. On a constant‑currency, constant‑scope basis, core sales actually rose 1.3% year‑over‑year, outpacing a 3.4% global auto production decline. The group opened an electric‑motor line in Pune, India and announced a €200 million+ investment there, while construction continues on a Texas plant for software‑defined vehicles. Valeo reaffirmed its 2026 guidance of €20‑21 billion revenue, 4.7‑5.3% operating margin and free cash flow above €400 million.