Valeo is awarded the Grand Prix for Registration Documents
Paris, France, October 9, 2015 – Valeo picked up the 2015 Grand Prix for Registration Documents at the 2015 Financial Transparency awards ceremony held in Paris yesterday.
The Financial Transparency awards are handed out each year to listed French companies with the best practices in regulatory financial reporting.
Winners are picked using a common, objective, universal and progressive methodology. Approved by the Scientific Committee*, it assesses financial reporting based on four key components of transparency: accessibility, accuracy, comparability and availability.
“Three years after being honored with the Grand Prix for Financial Transparency, we are very proud to receive this award in recognition of our Group’s continuous improvement process. For years, the principles of rigor, transparency and ease of access have guided our approach to reporting financial information about Valeo. This is true not only when compiling our Registration Document, but also when communicating with investors and analysts. The award highlights our determination as a Group to apply best market practices with the aim of building a trust-based relationship with our investors over the long term“, said Jacques Aschenbroich, Valeo’s Chief Executive Officer.
* Composition of the Scientific Committee in 2015:
- Association for Asset Management and Individual Shareholders
- French Asset Management Association (AFG)
- French Federation of Associations of Employee Shareholders and Former Shareholders (FAS)
- French Federation of Individual Investors and Investment Clubs (F2iC)
- French Institute of Directors (IFA)
- French Society of Financial Analysts (SFAF)
- Leonardo da Vinci Management School (EMLV)
- Paris Europlace
Valeo is an automotive supplier, partner to all automakers worldwide. As a technology company, Valeo proposes innovative products and systems that contribute to the reduction of CO? emissions and to the development of intuitive driving.
In 2014, the Group generated sales of 12.7 billion euros and invested over 10% of its original equipment sales in research and development. Valeo has 133 plants, 16 research centers, 34 development centers, 15 distribution platforms and employs 78,500 people in 29 countries worldwide.
Valeo is listed on the Paris Stock Exchange and is a member of the CAC 40 index.
For more information about the Valeo Group and its activities, please visit our website www.valeo.com
For more information, please contact:
Valeo Media Relations
Tel.: +33 (0)1 40 55 21 75/37 18