Valeo: H1 earnings leap.
(CercleFinance.com) - Valeo has made another high quality publication, with the group reporting net income group share of 506 million euros (up 20%) after trading on Thursday.
The automotive parts supplier's operating profit also increased 17% to 754 million euros, while sales were up 16% as reported at 9.46 billion euros (+9% like-for-like), including nearly 8.33 billion in OE.
Boosted by technological innovations, new orders reached 14.9 billion euros at end-June (excluding Valeo Siemens eAutomotive).
Copyright (c) 2017 CercleFinance.com. All rights reserved.
The automotive parts supplier's operating profit also increased 17% to 754 million euros, while sales were up 16% as reported at 9.46 billion euros (+9% like-for-like), including nearly 8.33 billion in OE.
Boosted by technological innovations, new orders reached 14.9 billion euros at end-June (excluding Valeo Siemens eAutomotive).
Copyright (c) 2017 CercleFinance.com. All rights reserved.