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Valeo SA (VLOF.PA)

VLOF.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Valeo buys German start-up gestigon
Monday, 13 Mar 2017 03:30am EDT 

Valeo :Acquires 100% of the capital of gestigon, a German start-up specializing in the software for 3D image processing.  Full Article

Valeo says cash flow goals to help dividends, acquisitions
Tuesday, 28 Feb 2017 03:02am EST 

Valeo SA : CEO Jacques Aschenbroich said expected cash flow "brings us lots of opportunity to pay dividends and potentially to make some bolt-on acquisitions." . Company targeting 3.7 bln euros in free cash flow for 2017-2021 period Further company coverage: [VLOF.PA] (Reporting by Laurence Frost) ((laurence.frost@thomsonreuters.com;)).  Full Article

Valeo FY sales up 14 pct at 16.52 billion euros
Thursday, 16 Feb 2017 02:15am EST 

Valeo : FY order intake of 23.6 billion euros ($25.03 billion), up by 17 pct . FY consolidated sales of 16.52 billion euros, up by 14 pct . FY operating margin up by 20 pct to 1.33 billion euros . FY net income group share increased by 27 pct to 925 million euros . FY free cash flow of 661 million euros, up 17 by pct . In 2016 EBITDA increased by 16 pct to 2.14 billion euros . Proposes dividend of 1.25 euros per share, up by 25 pct . In 2017 expects growth of revenue of more than 5 percentage points higher than the market .In 2017 sees slight increase in operating margin.  Full Article

Valeo announces signature of an agreement for the establishment of a 50/50 co-company with Pyong Hwa
Monday, 6 Feb 2017 11:50am EST 

Valeo : Valeo announces signature of an agreement for the establishment of a 50/50 co-company with Pyong Hwa, South-Korean historic partner in the field of transmission .Valeo-Kapec will hire approximately 3,000 employees.  Full Article

Valeo to hold 55.08 pct of Japan's Ichikoh's capital
Friday, 13 Jan 2017 02:38am EST 

Valeo SA : Valeo announces the successful completion of the Ichikoh takeover bid launched on november 22, 2016 . Valeo will hold 55.08 percent of Ichikoh's capital on settlement of transaction slated for january 20, 2017. .Ichikoh will be fully consolidated by Valeo as from february 1, 2017.  Full Article

Valeo completes $450 million convertible bond issue
Thursday, 9 Jun 2016 11:12am EDT 

Valeo : Completes $450 million convertible bond issue . Bonds don't have interest .Bonds reach maturity in 2021.  Full Article

Valeo issues $450 mln non-dilutive cash-settled convertible bonds
Thursday, 9 Jun 2016 01:54am EDT 

Valeo SA : Issuance by valeo of $450 million non-dilutive cash-settled convertible bonds . Bonds will not bear any interest, bonds will have a nominal value of $200,000 per bond . Bonds will be issued with an issue price of 100 pct - 104 pct of nominal value, corresponding to an annual gross yield to maturity of -0.78 pct to 0.00 pct .Bonds will be redeemed at nominal value on June 16, 2021.  Full Article

Bain Capital to sell Germany company FTE Automotive to Valeo
Thursday, 2 Jun 2016 12:08pm EDT 

Bain Capital Private Equity: Has reached an agreement to sell FTE Automotive to Valeo . The transaction is expected to be closed in the fourth quarter of 2016 or the first quarter of 2017 . The transaction is subject to customary regulatory and anti-trust approvals . Rothschild and Goldman Sachs advised bain capital on the transaction Further company coverage: [VLOF.PA] (Bengaluru Newsroom: +91 806 749 1136).  Full Article

Valeo to acquire German company FTE automotive
Thursday, 2 Jun 2016 11:50am EDT 

Valeo : Announces the signing of an agreement for the acquisition of the German company FTE automotive .Enterprise value of FTE automotive is 819.3 million euros ($913.85 million).  Full Article

Bain Capital in talks to sell FTE Automotive GmbH to Valeo SA- Bloomberg
Wednesday, 1 Jun 2016 04:44pm EDT 

: Bain Capital in advanced talks to sell German clutch maker FTE Automotive GmbH To French auto parts company Valeo SA- Bloomberg, citing sources Source (http://bloom.bg/1UvbfMq) (Bengaluru Newsroom) (((+91 80 6749-1130; within U.S. +1 646 223 8780);)).  Full Article

More From Around the Web

Valeo sales rise 22 percent on fuel-saving, self-driving tech

PARIS, April 26 Valeo's quarterly sales rose 22 percent to outpace global vehicle production in all regions, the French auto parts maker said on Wednesday, reiterating upbeat 2017 goals on strong demand for its fuel-saving and automated driving technology.