Slide 1: Q1-2012 Sales
Q1-2012 Sales Jacques ASCHENBROICH – CEO April 24, 2012
Slide 2: 14% rise in sales, to more than €3 bn
14% rise in sales, to more than €3 bn Above-market performance in each of the main automotive production regions Consolidated sales at €3,033 million up 14% (up 6% like-for-like) OE sales up 15% (up 7% like-for-like) Above-market performance in the main production regions Strengthening of the Group’
Slide 3: Sales higher than €3 bn
Sales higher than €3 bn OE sales 2,602 Perimeter impact of €155 m (Niles €118 m) M€ +15.0% 137 2,465 2,263 Perimeter +6.0% Currencies -+2.0% Like-for-like +7,0% In euro million 3,033 155 +13.6% Aftermarket M€ +2.2% 2,669 2,878 Perimeter +5.8% 361 369 Currencies +1.8% Sales* +6.0% Perimeter +4.4% Cur
Slide 4: Strengthening of the Group's positioning in Asia, 25% of OE sales
Strengthening of the Group’s positioning in Asia, 25% of OE sales Asia and emerging markets at 53% of OE sales OE sales by production region 48% in Asia 53% in Asia & emerging & emerging markets markets Q1-2011 Q1-2012 April 24, 2012 I 4 Q1 2012 sales
Slide 5: Greater weighting of German & Asian customers accounting for 28% & 29%
Greater weighting of German & Asian customers accounting for 28% & 29% respectively (in % of OE sales) Q1-2011 Q1-2012 * Excluding Nissan ** Including Nissan April 24, 2012 I 5 Q1 2012 sales
Slide 6: Above-market performance in the main regions
Above-market performance in the main regions Strong performance in Asia, +10 points over production Outperform +1pt* Outperform Outperform +6pts* World +4pts* Valeo OE sales** +7% North America Europe Production +6% Valeo OE sales** +2% Valeo OE sales** +21% Production -4% Production +17% 54% of Val
Slide 7: Above-market growth in China by 22 pts
Above-market growth in China by 22 pts Further to Japanese OEM recovery, below-market growth in Japan by 20 pts Outperform Asia +10pts* Underperform Valeo OE sales** +19% -20pts* Production +9% Japan 24% of Valeo sales OE sales** +26% Outperform Production +46% +19pts* 32% of Asian sales Korea Outpe
Slide 8: Strong development in Asia through organic & external growth
Strong development in Asia through organic & external growth Geographical contribution to sales evolution (in €M) +49 -18 +56 Perimeter +155 3,033 +91 +31 2,669 April 24, 2012 I 8 Q1 2012 sales
Slide 9: Above-market performance for 10 quarters in a row
Above-market performance for 10 quarters in a row Strong organic performance in each of the main production regions mitigated by the economical environment in Europe OE sales growth > production Valeo OE sales on a like-for-like basis vs light vehicle production (in pts) April 24, 2012 I 9 Q1 2012 s
Slide 10: BG sales growth in line with performing product portfolio and exposure to Europe
BG sales growth in line with both performing product portfolio and exposure to Europe Perform Outperform Underperform Outperform +0%* +3%* -3%* +4%* World prod +6% +6% +9% +10% +3% OE sales growth per BG * At same perimeter and exchange rates April 24, 2012 I 10 Q1 2012 sales
Slide 11: 2012 outlook
2012 outlook Given: Business levels observed during Q1 2012 consistent with the scenario outlined at the start of the year: 3% to 4% growth in global automotive production despite a 5% decline in Europe Raw materials prices at current levels Confirmation of the 2012 guidance Continued sales growth h
Slide 12: 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 April 24, 2012 I 12 Q1 2012 sales
Slide 13: Share Information
Share Information Share Data Bloomberg Ticker FR FP Reuters Ticker VLOF.PA ISIN Number FR 000130338 Shares outstanding as per 30.03.2012 79,269,596 ADR Data Ticker/trading symbol VLEEY CUSIP Number 919134304 Exchange OTC Ratio (ADR: ord) 1:2 Depositary Bank J.P. Morgan Contact at J.P. Morgan – ADR J
Slide 14: Safe Harbor Statement
Safe Harbor Statement Statements contained in this press release, which are not historical fact, constitute “Forward-Looking Statements”. Actual results may differ materially due to numerous important factors and risks to which Valeo is exposed. Such factors include, among others, the Company’s abil
Slide 15: Back-up
Back-up April 24, 2012 I 15 Q1 2012 sales
Slide 16: Quarterly information
Quarterly information in € million Sales by segments Q1-10 Q2-10 Q3-10 Q4-10 Q1-11 Q2-11 Q3-11 Q4-11 Q1-12 Comfort and Driving 408 440 418 438 481 489 567 620 657 Assistance Powertrain Systems 636 708 625 714 767 782 743 834 855 Thermal Systems 693 754 735 751 783 776 777 804 864 Visibility Systems
Slide 17: Automotive technology, naturally
Automotive technology, naturally