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Valeo first-half sales fall, but beat market expectations

Valeo first-half sales fall, but beat market expectations

- French car parts supplier Valeo VLOF.PA reported a fall in first-half sales on Thursday, but beat market expectations despite adverse currency effects.

Sales totalled 10.38 billion euros ($11.85 billion) in the first six months of the year, above the 10.33 billion euros expected by analysts in a company-provided consensus.

($1 = 0.8763 euros)



(Reporting by Mathias de Rozario in Gdansk)

((mathias.derozario@thomsonreuters.com))

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