Brief: Valeo says its R&D spending is still too high
24/07/2025 17:52
July 24 (Reuters) - Valeo SE VLOF.PA: VALEO CONSIDERS ITS RESEARCH AND DEVELOPMENT SPENDING TO BE STILL TOO HIGH, HAS THE OPPORTUNITY TO DECREASE THEM FURTHER-CEO VALEO WILL CONTINUE TO PROTECT PRICES IN H2, ESPECIALLY IN CONTEXT OF LOW VOLUMES - CEO VALEO CEO: OF ABOUT EUR 1 BILLION SALES GUIDANCE CUT, EUR 250 MILLION IS COMING FROM A REDUCTION OF THE MARKET FOR OUR CUSTOMERS Further company coverage: VLOF.PA (Paris newsroom, paris.equities@thomsonreuters.com email; +33 1 4949 5452)