Valeo SE reported first-quarter sales of 5.1 billion euros, defying a broader decline in global vehicle production. The company reaffirmed its full-year financial targets amid recovery signals in the Chinese market.
- Q1 sales reached 5.1 billion euros, up 1.3% YoY
- Global car production fell 3.4% in the same period
- Aftermarket revenues rose 1.9% while 'other sales' surged 36.5%
- Confirmed 2026 sales target of €20B to €21B
- Operating margins projected at 4.7% to 5.3%
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