Auto parts group Valeo targets operating margin of 6-7% by 2028
20/11/2025 06:40
Refiles to fix dateline of the story with no changes to text By Mathias de Rozario Nov 20 (Reuters) - French car parts supplier Valeo VLOF.PA expects to improve its sales and operating margin by 2028, it said on Thursday, citing growth in all its geographies. It expects sales to reach between 22 billion and 24 billion euros ($25.4 billion and $27.7 billion) in 2028, with its operating margin expected to land between 6% and 7%. ($1 = 0.8680 euros) (Reporting by Mathias de Rozario in Gdansk, editing by Milla Nissi-Prussak) ((mathias.derozario@thomsonreuters.com;))