Valeo rises on Q3 sales beat
24/10/2025 09:15
** Shares in Valeo VLOF.PA rise around 7% to their highest since May 2024 after the French car parts supplier reported Q3 sales beat and confirmed its outlook ** "Credit should be given for a good underlying performance in a tough backdrop," Jefferies says ** Valeo posted sales of 5 billion euros vs 4.82 billions euros seen in company-compiled consensus ** "Europe outperformed automotive production, while China delivered an improved performance, significantly reducing the gap in performance versus the Chinese market," J.P.Morgan notes ** Stock is up 16% as of Wednesday's close after it rose 8% on Thursday into the results (Reporting by Lucie Barbier) ((Lucie.barbier@thomsonreuters.com))