Car parts maker Valeo confirms 2022 guidance

Atul

26/07/2022 17:00

July 26 (Reuters) - French car parts maker Valeo  VLOF.PA 
on Tuesday reiterated  full-year guidance on car production and
raw material and energy prices.
      In April Valeo said it expected its core profit margin
this year to be lower than in 2021, expecting it to be in the
range of 11.8% to 12.3%, against 13.4% last year.  urn:newsml:reuters.com:*:nS8N2WH05P
 urn:newsml:reuters.com:*:nL8N2V01VN

  

 (Reporting by Olivier Cherfan and Olivier Sorgho
Editing by David Goodman)
 ((olivier.cherfan@thomsonreuters.com
Olivier.Sorgho@thomsonreuters.com; +48 58 769 66 54;))