Valeo is dedicated to the design, the manufacture and the sale of components, integrated systems and modules for cars and heavy lorries. 3 Fields of Innovation for surer, cleaner and more comfortable vehicles.

Gross Margin

% of net sales

⁽¹⁾ The Group has changed the presentation of its income statement, notably net sales, as of January 1, 2009. Other operating revenue is now classified mainly as deductible R&D expenses. The figures for 2008 have been restated accordingly.

Operating Margin

% of net sales

⁽¹⁾ The Group has changed the presentation of its income statement, notably net sales, as of January 1, 2009. Other operating revenue is now classified mainly as deductible R&D expenses. The figures for 2008 have been restated accordingly.

EBITDA

% of net sales

⁽¹⁾ The Group has changed the presentation of its income statement, notably net sales, as of January 1, 2009. Other operating revenue is now classified mainly as deductible R&D expenses. The figures for 2008 have been restated accordingly.

Net attributable income

Earnings per share from continuing operations (euro/share)

In millions of euros and in % of net sales

⁽¹⁾ The Group has changed the presentation of its income statement, notably net sales, as of January 1, 2009. Other operating revenue is now classified mainly as deductible R&D expenses. The figures for 2008 have been restated accordingly.

Earning per share (euro/share)

⁽¹⁾ The Group has changed the presentation of its income statement, notably net sales, as of January 1, 2009. Other operating revenue is now classified mainly as deductible R&D expenses. The figures for 2008 have been restated accordingly.