Valeo

Welcome to the Valeo Group

Please select your country

map
Scroll to see our Corporate website

Key figures

2018 Key Figures

2017 2018 CHANGE
Order intake (in €bn) 27.6 24.2 -12%
Sales (in €m)
Of which OE sales (in €m)
18,484

15,695

19,124

16,146

+4%

+3%

R&D expenditures (in €m)
As a % of sales
(1,494)

(8.1)%

(1,560)

(8.2)%

+4%

-0.1pts

SG&A (in €m)
As a % of sales
(890)

(4.8)%

(911)

(4.8)%

+2%

0pts

Operating margin* (in €m)
As a % of sales
1,448

7.8%

1,203

6.3%

-17%

-1.5pts

JV & Associates (in €m)
As a % of sales
20

0.1%

(111)

(0.6)%

na

-0.7pts

Operating margin** (in €m)
As a % of sales
1,468

7.9%

1,092

5.7%

-26%

-2.2pts

Net income (in €m)
As a % of sales
877

4.7%

546

2.9%

-38%

-1.8pts

Basic earnings per share (€) 3.7 2.3 -38%
Basic earnings per share (excluding non-recurring items) (€) 4.3 2.5 -42%
ROCE 29% 19% -10pts
ROA 19% 12% -7pts
EBITDA
As a % of sales
2,431

13.2%

2,410

12.6%

-1%

-0.6pts

Free cash flow (in €m) 278 161 -42%
Net debt (in €m) 1,842 2,248 +22%
Dividend (€) 1.25 1.25*** =

 

*excl. JVs & Associates
**incl. JVs & Associates
***2018 dividend of €1.25/share to be proposed at the next Shareholders’ Meeting

Sales

Sales by market (2018)

As a % of sales

*at end Dec 2018 – Before application of IFRS 15

Net OE sales by geographic area

As a % of original equipment sales

 

History of dividends

in euros 2017 2016 2015 2014 2013 2012
Earning per share 3.72 3.91 3.11 2.41 1.90 1.68
Dividend  1.25 1.25  1.00  0.73 0.57 0.50