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Valeo SA (VLOF.PA)

VLOF.PA on Paris Stock Exchange

59.71EUR
8 Dec 2017
Change (% chg)

€0.36 (+0.61%)
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Latest Key Developments (Source: Significant Developments)

Valeo Announces Agreement With South Korean Partner, PHC
Thursday, 30 Nov 2017 11:54am EST 

Nov 30 (Reuters) - VALEO ::SIGNED AGREEMENT WITH SOUTH KOREAN PARTNER, PHC, TO CREATE JOINT VENTURE‍​.VALEO AND PHC TODAY CONFIRMED THAT TRANSACTION HAS BEEN COMPLETED.COMPANY WILL EMPLOY ABOUT 3,150 PEOPLE AND WILL BE CONTROLLED AND FULLY CONSOLIDATED BY VALEO.COMPANY FORECAST TO GENERATE SALES OF AROUND 1 BILLION EUROS ON AN ANNUAL BASIS.COMPANY WILL BE ACCRETIVE TO VALEO’S OPERATING MARGIN FROM ITS FIRST FISCAL YEAR.  Full Article

Valeo Q3 consolidated sales up at 4.30‍​ billion euros
Tuesday, 24 Oct 2017 11:45am EDT 

Oct 24 (Reuters) - VALEO ::Q3 CONSOLIDATED SALES EUR 4.30‍​ BILLION VERSUS EUR 3.99 BILLION YEAR AGO.CONFIRMS OBJECTIVES FOR FY 2017‍​.GROWTH FORECAST FOR GLOBAL AUTOMOTIVE PRODUCTION HAS BEEN REVISED SLIGHTLY UPWARDS TO AROUND 2%‍​.  Full Article

Valeo obtains authorization from European Commission to acquire FTE​
Friday, 13 Oct 2017 07:34am EDT 

Oct 13 (Reuters) - VALEO ::OBTAINS AUTHORIZATION FROM EUROPEAN COMMISSION FOR ACQUISITION OF FTE‍​.ACQUISITION COULD BE FINALISED BY END OF OCTOBER 2017.ACQUISITION OF FTE CAN BE THUS FINALIZED BY END OF OCTOBER 2017.  Full Article

Valeo renews its application to the European Commission‍​ for authorization to acquire FTE
Friday, 8 Sep 2017 11:59am EDT 

Sept 8 (Reuters) - VALEO ::RENEWS ITS APPLICATION TO THE EUROPEAN COMMISSION‍​ FOR AUTHORIZATION TO ACQUIRE FTE.  Full Article

Valeo issues 600 million euros bond
Tuesday, 5 Sep 2017 11:45am EDT 

Sept 5 (Reuters) - VALEO ::ANNOUNCES ITS € 600 MILLION BOND ISSUE DUE SEPTEMBER 12, 2022‍​.COUPON OF 0.375%.  Full Article

Valeo's subsidiary Spheros changes its name to Valeo Thermal Commercial Vehicles
Friday, 18 Aug 2017 02:58am EDT 

Aug 18 (Reuters) - VALEO SA ::THE SUBSIDIARY SPHEROS CHANGES NAME TO VALEO THERMAL COMMERCIAL VEHICLES.  Full Article

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

BRIEF-Valeo Announces Agreement With South Korean Partner, PHC

* SIGNED AGREEMENT WITH SOUTH KOREAN PARTNER, PHC, TO CREATE JOINT VENTURE‍​