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02.24.2011
Strategy & Results
Valeo: net income of 365 million euros in 2010, or 3.8% of sales; operational performance ahead of the strategic plan presented in March 2010
The Valeo Board of Directors, meeting on February 24, 2011, approved the consolidated annual financial statements for the period ending December 31, 2010.
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02.23.2011
Strategy & Results
Valeo signs agreement to acquire Japanese company Niles
Valeo announced today the signing of an agreement with RHJ International SA and Nissan to acquire Niles, a Japanese automotive supplier which would reinforce Valeo’s Comfort and Driving Assistance Systems Business Group.
Valeo signs agreement to acquire Japanese company Niles (PDF 32kB)
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02.14.2011
Strategy & Results
Fabienne de Brébisson joins Valeo as Corporate Communications Vice-President
Valeo announces the arrival of Fabienne de Brébisson as Corporate Communications Vice-President.
Fabienne de Brébisson joins Valeo as Corporate Communications Vice-President (PDF 32.18kB)
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02.04.2011
Products and technology
Valeo files record number of patents in 2010
Valeo announces that it filed a record number of patents in 2010. The Group filed 612 initial patents throughout the year, an increase of more than 20% versus the average of the past five years. This places Valeo among the top patent filers in France.
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01.17.2011
Strategy & Results
Valeo appoints Christophe Périllat-Piratoine Chief Operating Officer
Valeo announces the appointment of Christophe Périllat-Piratoine as the Group’s Chief Operating Officer with effect from March 1, 2011. He will replace Luc Blériot who has occupied this position since 2005 and who is retiring. Marc Vrecko will become President of the Comfort and Driving Assistance Systems Business Group.
Valeo appoints Christophe Périllat-Piratoine Chief Operating Officer (PDF 36.46kB)
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12.20.2010
Products and technology
New electric demo car developed by Valeo and BAIC
Valeo and BAIC (Beijing Automotive Industry Corporation) presented to the Beijing Governor today an electric demo car equipped with a complete Valeo electric powertrain system, demonstrating the Group’s expertise in systems that reduce electric vehicles’ energy consumption.
New electric demo car developed by Valeo and BAIC (PDF 31.9kB)
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12.17.2010
Products and technology
Signature of a cooperation agreement between Valeo and Ibeo
Valeo announced today that it has signed a cooperation, development and license agreement with Ibeo Automotive Systems GmbH in the field of laser scanner technology.
Signature d’un accord de coopération entre Valeo et Ibeo (PDF 43.85kB)
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12.13.2010
Products and technology
Valeo and IFP Energies nouvelles sign a framework contract for powertrains
Valeo and IFP Energies nouvelles have signed a framework contract for powertrains, covering both internal combustion engines and hybrid and electric motor systems.
Valeo and IFP Energies nouvelles sign a framework contract for powertrains (PDF 27.11kB)
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12.10.2010
Strategy & Results
Moody’s affirms Valeo’s Ba1 rating and upgrades its outlook from “stable” to “positive”
In a press release on 9 December 2010, Moody’s Investors Service affirmed Valeo’s Ba1 rating and upgraded its outlook from “stable” to “positive”.
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10.21.2010
Strategy & Results
Valeo revises upwards its operating margin level guidance for 2010: the Group forecasts a second-half margin level higher than that of the first half
Following the meeting of its Board of Directors today, Valeo presented its sales for the third quarter 2010.
Valeo Service
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