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Valeo SA (VSA2.F)
| Previous close | 10.18 |
| Open | 10.03 |
| Bid | 10.02 x 100000 |
| Ask | 10.04 x 100000 |
| Day's range | 10.03 - 10.03 |
| 52-week range | 9.68 - 21.71 |
| Volume | |
| Avg. volume | 703 |
| Market cap | 2.425B |
| Beta (5Y monthly) | 1.62 |
| PE ratio (TTM) | 11.40 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.40 (3.93%) |
| Ex-dividend date | 28 May 2024 |
| 1y target est | N/A |
- FX Empire
French Auto Parts: Is the Glass Half Full or Half Empty for Valeo, Forvia, and Plastic Omnium?
The French automotive sector, after a stellar 2023, has hit a major speed bump in 2024.
- Reuters
Car parts maker Valeo posts lower first-quarter sales on weak EV demand
French car parts maker Valeo posted slightly lower first-quarter sales on Thursday, as weak electric vehicle (EV) high-voltage activity overshadowed its traditional powertrain business. "We're currently experiencing disappointing sales volumes for electric vehicles, particularly in Europe, where we have major programmes," CEO Christophe Perillat said in a media call. To face those uncertainties, Valeo has been careful to no longer have plants only specialized in high voltage, but able to address both hybrids and EVs, Perillat said.
- Reuters
French company Valeo to use more Google Cloud AI tools
French car parts maker Valeo said on Thursday it would be using more Google Cloud AI tools at Valeo, highlighting the growing importance of the technology in the cars sector. Valeo said one such area where it would be using artificial intelligence would be in deploying Google Cloud's AI products to the toolbox used by its software development teams and in areas related to vehicle design and customer service. "Together, we will play an essential role in how we make generative AI as relevant, secure, and productive as possible to support Valeo’s growth," Valeo Chief Technology Officer Geoffrey Bouquot said.
