Credit rating agency Moody's upgrades outlook on Valeo to 'stable' from 'negative'

Valeo SE

27/08/2026 18:12

Aug 27 (Reuters) - VALEO VLOF.PA:

• Credit rating agency Moody's upgraded its outlook on French car parts maker Valeo VLOF.PA to 'stable' from 'negative', while affirming its Ba1 corporate family rating for the company.
• "The change in the outlook to stable reflects Valeo's solid financial performance in a challenging market environment in the first half of 2026," wrote Moody's in a research note.
• In July, Valeo reported a 2.6% fall in first-half sales but its sales figures came in above market expectations and Valeo also reaffirmed its full-year guidance.

For full Moody's note, see nL6N43O10T

 (Reporting by Sudip Kar-Gupta)
 ((sudip.kargupta@thomsonreuters.com;))