Income before tax was down 2.8% to EUR35m, due to the rise in financial expenses relating to acquisitions and a share buyback programme implemented in the first half of 2005.
Net income for the period amounted to EUR23m, compared to EUR25m for first quarter 2005.
For the rest of the year, Valeo anticipates a slowdown in automotive production in Europe and North America due mainly to an unfavourable calendar.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Continental has secured the Window Displays Innovation Awardin the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.
