Valeo preliminary H2 EBITDA margin 13.5% of sales | Automotive Industry News
Valeo has unveiled second-fifty percent 2020 preliminary monetary information and facts, with EBITDA margin symbolizing additional than 13.five% of product sales.
The supplier saw file free dollars stream generation of additional than EUR1.3bn (US$one.6bn) in the 2nd fifty percent, ensuing in more than EUR275m for whole-year, 2020.
Valeo recorded like-for-like growth in primary devices product sales of five.3% in the fourth quarter to EUR4.2bn, for whole product sales of EUR5bn.
“At a time when the automotive current market has been profoundly impacted by the Covid-19 crisis, I would like to thank the Valeo groups for their dedication and efficiency,” reported
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