Valeo: net income down 27% in 2024
(CercleFinance.com) - Valeo reports that it has achieved its profitability and cash generation targets for 2024.
In concrete terms, annual sales amounted to E21,492m, down 0.5% LFL compared with the previous year.
Its EBITDA margin rose 8% to E2,863m, representing 13.3% of sales (+1.3 point vs. 2023), above guidance. Net income, group share was E162m (-27%).
For 2025, in a market that remains uncertain, Valeo is aiming for another year of improved financial performance, targeting sales of E21.5bn to E22.5bn, with its EBITDA margin improving to between 13.5% and 14.5%.
We aim to outperform our original equipment sales, improve our operating margin and generate free cash flow. Over 2024/2025, this would be equivalent to FCF generation of around E1bn, which remains the group's priority, Valeo concludes.
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In concrete terms, annual sales amounted to E21,492m, down 0.5% LFL compared with the previous year.
Its EBITDA margin rose 8% to E2,863m, representing 13.3% of sales (+1.3 point vs. 2023), above guidance. Net income, group share was E162m (-27%).
For 2025, in a market that remains uncertain, Valeo is aiming for another year of improved financial performance, targeting sales of E21.5bn to E22.5bn, with its EBITDA margin improving to between 13.5% and 14.5%.
We aim to outperform our original equipment sales, improve our operating margin and generate free cash flow. Over 2024/2025, this would be equivalent to FCF generation of around E1bn, which remains the group's priority, Valeo concludes.
Copyright (c) 2025 CercleFinance.com. All rights reserved.