Slide 1: Q1-2010 Sales
Q1-2010 Sales Robert Charvier – CFO April 22, 2010
Slide 2: Economic environment per region
Economic environment per region Stabilized environment vs Q4-2009 Strong growth vs Q1-2009 due to base effect Volumes in Europe and in North America still lower than pre-crisis level Variation (Q1-2010/Q1-2009) Europe + 32% North America + 71% South America + 22% Asia + 49% Worldwide + 44% Exchange
Slide 3: OE and Aftermarket sales
OE and Aftermarket sales In euro million Q1-2009 Q1-2010 ▲ Original Equipment 1,253 1,898 +51% as % of sales 77% 82% Aftermarket 310 351 as % of sales 19% 15% +13% Miscellaneous 61 60 -2% as % of sales 4% 3% Sales 1,624 2,309 +42% Sales at same perimeter & exchange rates +41.5% Q1-2010 Results April
Slide 4: OE and Aftermarket sales (yoy change)
Aftermarket OE sales in euro million (yoy change) -13% -13% +13% +13% 358* 351 310 Original Equipment Q1-08 Q1-09 Q1-10 -37% -37% +51% +51% 1,992* 1,898 1,253 Q1-08 Q1-09 Q1-10 *Sold activities excluded Q1-2010 Results April 22, 2010 I 4
Slide 5: Geographic mix: Total sales (yoy change)
Geographic mix Total sales (yoy change) +34%* Europe +53%* North America 63% of sales 11% of sales +77%* Asia +28%* South America 19% of sales 7% of sales *At same perimeter & exchange rates Q1-2010 Results April 22, 2010 I 5
Slide 6: Customers
Customers In % of OE sales Q1-2009 Q1-2010 German 29% 27% French 26% 27% Asian 18% 21% American 18% 17% Q1-2010 Results April 22, 2010 I 6
Slide 7: Sales by Business Group
Sales by Business Group Worldwide Production* (yoy) +44% in euro million OE sales OE sales Comfort & Driving +51% +58% Powertrain Assistance +43% +46% 408 636 285 437 Q1-09 Q1-10 Q1-09 Q1-10 OE sales OE sales Thermal +47% Visibility +51% +43% +37% 693 591 484 430 Q1-09 Q1-10 Q1-09 Q1-10 * JD Power l
Slide 8: Geographic mix: OE sales (yoy change)
Geographic mix World Q1-10 OE sales (yoy change) Valeo* +51% Production** +44% Production +71%** Production +32%** +65%* +44%* North America Europe 11% of sales 62% of sales Production +49%** +84%* Production +22%** Asia +30%* China +90% South America 18% of sales 7% of sales *At same perimeter & ex
Slide 9: Outlook
Outlook Q1-2010 Results April 22, 2010 I 9
Slide 10: Outlook
Outlook Despite slight drop in automotive production in Europe same level of sales in Q2 as in Q1 Q1-2010 Results April 22, 2010 I 10
Slide 11: Contact Investor Relations
Contact Investor Relations Thierry Lacorre 43, rue Bayen F-75848 Paris Cedex 17 France Tel.: +33 (0) 1.40.55.37.93 Fax: +33 (0) 1.40.55.20.40 E-mail: thierry.lacorre@valeo.com Web site: www.valeo.com Q1-2010 Results April 22, 2010 I 11
Slide 12: Back-up
Back-up Q1-2010 Results April 22, 2010 I 12
Slide 13: Quarterly information
Quarterly information in euro million Sales by segments Q1-2009 Q2-2009 Q3-2009 Q4-2009 Comfort and Driving Assistance 285 342 345 372 Powertrain Systems 437 515 488 571 Thermal Systems 484 529 603 642 Visibility Systems 430 474 491 543 Total sales 1,624 1,848 1,913 2,114 OE & aftermarket sales Q1-2
Slide 14: Share Information
Share Information Share Data Bloomberg Ticker FR FP Reuters Ticker VLOF.PA ISIN Number FR 000130338 Shares outstanding as per 31.03.2010 78,209,617 ADR Data Ticker/trading symbol VLEEY CUSIP Number 919134304 Exchange OTC Ratio (ADR: ord) 1:2 Depositary Bank J.P. Morgan Q1-2010 Results April 22, 2010
Slide 15: Automotive technology, naturally
— Automotive technology, naturally