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Valeo SA (VLOF.PA)

VLOF.PA on Paris Stock Exchange

57.82EUR
23 May 2018
Change (% chg)

€-0.98 (-1.67%)
Prev Close
€58.80
Open
€58.74
Day's High
€59.00
Day's Low
€57.46
Volume
904,183
Avg. Vol
896,566
52-wk High
€66.48
52-wk Low
€52.00

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

Ichikoh Industries to invest 16.4 bln yen to set up new automobile lamp factory
Friday, 1 Sep 2017 03:22am EDT 

Sept 1 (Reuters) - Ichikoh Industries Ltd <7244.T>:* Says it will invest 16.4 billion yen to set up a new automobile lamp factory in Kanagawa and start operation in July 2019 .  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

UPDATE 1-Valeo sales growth slows on U.S., China auto production dip

* Strong euro weighs on revenue growth (Adds CEO comment, details, background)