Valeo posts lower sales as auto industry weakness persists

Valeo SE

22/10/2026 17:00

Oct 22 (Reuters) - French car parts supplier Valeo VLOF.PA reported a 2.3% drop in its third-quarter sales, slightly missing market expectations, impacted by the continued weakness in the automotive industry.
Quarterly sales came in at €4.88 billion ($5.47 billion), compared with €4.93 billion expected on average in the company-provided consensus.
     
($1 = 0.8921 euros)

 (Reporting by Mathias de Rozario in Gdansk; Editing by Shilpi Majumdar)
 ((mathias.derozario@thomsonreuters.com))