Valeo maintains annual targets despite weaker third-quarter sales
Valeo ($FR-EURONEXT) reported third-quarter 2026 revenue of €4.9 billion, down 2.6% at constant exchange rates and scope. Original-equipment sales declined 3.8% to €4.1 billion against a 1.6% contraction in global vehicle production. The group continued to outperform its markets in North America and Asia excluding China, but the overall sales comparison showed pressure across its automotive customer base. The BRAIN division returned to growth, increasing sales 8.2% on the same constant-currency
0