Slide 1: Q1 2025 Sales
Q1 2025 Sales April 29, 2025 Christophe Périllat Edouard de Pirey Chief Executive Officer Chief Financial Officer VALEO HALF YEAR RESULTS | JULY 25, 2024
Slide 2: Overcoming a challenging environment
In a challenging environment, Overcoming a challenging environment Valeo highly focused on ↗ Lower volumes than forecasted delivering a new step in ↗ Unfavorable geographic & customer mix financial improvement in ↗ Tariffs 2025 Mitigating through costs adjustments ↗ Reinforced* and accelerated restru
Slide 3: 2025 guidance confirmed
In a challenging environment, Valeo highly focused on delivering a new step in financial improvement in 2025 2025 guidance confirmed FY 2025 Guidance(a) (b) Sales [€21.5bn-€22.5bn] (in €bn) OEM sales outperformance Mitigating actions leading to confidence in our 2025 EBITDA(c) profitability and cash gui
Slide 4: Total sales at €5.3bn
Total sales at €5.3bn OEM activity in line with the market - Strong activity in aftermarket Total sales OEM Aftermarket Miscellaneous* €5,313m €4,500m €574m €239m -1% lfl growth 0% lfl growth +3% lfl growth -15% lfl growth Reported growth: -2.1% Reported growth: -1.2% Reported growth: -3.9% Reported gro
Slide 5: Strong like-for-like sales growth in aftermarket
Strong like-for-like sales growth in aftermarket Despite high comparison basis Sales Sales +3% €574m lfl growth AFTERMARKET -4%* Business Highlights Ageing & growing car fleet €597m €574m Extension of the product range for value-added products (electric, remanufacturing, etc.) Scope impact of -5.8% re
Slide 6: OEM sales performance by region
OEM sales Strong outperformance in Europe in all businesses Performance by region North American performance strongly affected by one global customer Continued challenging customer mix in China despite ongoing repositioning North World Europe (including Africa) America Asia (excluding China) China O
Slide 7: POWER: Activity stabilising with rebalancing from Europe to Asia
POWER Activity stabilising with rebalancing from Europe to Asia Sales HV powertrain sales €242m (+22% reported) Sales +27pts OEM sales outperformance €2,721m Excl. high-voltage €2,479m (-4% reported) POWER 0pts OEM sales outperformance –2pts OEM sales performance -2%* Business Highlights Low compari
Slide 8: BRAIN: Strong momentum in Interior Experience
BRAIN Strong momentum in Interior Experience Sales ADAS sales €770m (-3% reported) Sales -7pts OEM sales outperformance €1,239m Interior Exp. sales €469m (+8% reported) BRAIN -2pts OEM sales performance +7pts OEM sales performance +1%* Business Highlights High comparison basis (+21pt outperf. over t
Slide 9: BRAIN: New order intake in ADAS
BRAIN: New! Order intake in ADAS Significant increase in content per vehicle thanks to Valeo’s expertise in hardware and software Valeo acting as a turnkey one stop shop partner for ADAS Domain Controller Long Range Front Camera Surround View Cameras Volkswagen Ultrasonic Sensors MQB platform Advance
Slide 10: LIGHT: Strong performance in Europe & new SOPs to come in China
LIGHT Strong performance in Europe & new SOPs to come in China Sales -3% lfl growth Sales OEM sales LIGHT €1,354m -4pts performance -4%* Business Highlights Production ramp-up for European OEMs €1,415m €1,354m Numerous delays in SOPs in North America Unfavorable customer mix effect in China & Japan Q
Slide 11: 2025 guidance confirmed
2025 guidance confirmed FY 2024 FY 2025 Actual Guidance (a) (b) Sales €21.5bn [€21.5bn-€22.5bn] (in €bn) OEM sales outperformance EBITDA(c) 13.3% [13.5%-14.5%] (as % of sales) Operating margin(c) 4.3% [4.5%-5.5%] (as % of sales) before one-off restructuring costs €551m [€700m-€800m] (c) Free cash flow
Slide 12: Thank you
Thank you Q&A 12
Slide 13: Backup slides
Backup slides 13
Slide 14: Valeo Named ADAS Supplier of the Year by General Motors
Valeo Named ADAS Supplier of the Year by General Motors for Third Consecutive Year Recognized by General Motors (GM) as a Supplier of the Year in the category of Advanced Driver Assistance Systems (ADAS). The announcement marks the third consecutive year in which GM recognized Valeo for its ADAS inn
Slide 15: Key ESG KPIs
Key ESG KPIs 2019 2024 base year Emissions from operating activities – Scopes 1 & 2 in MtCO2eq. 1.1 0.4 Emissions from purchased goods and services – Upstream Scope 3 in MtCO2eq. 9.5 7.9 E Emissions from the use of Valeo products – Downstream Scope 3 Emissions reduction (Scopes 1, 2 & 3) - validated
Slide 16: Sustainability is in our DNA
Sustainability is in our DNA An ESG leader recognized by rating agencies Valeo is included in major ESG indices CAC40 SBT 1.5° 74/100 17.6 B- Prime low risk Global ESG Leaders A Climate Change AAA 61/100 ESG Leaders A- Water VALEO Q1 SALES | APRIL 29, 2025 16
Slide 17: 2025, a new step in improving financial performance
2025, a new step in improving financial performance FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 incl. VSeA incl. VSeA Actual Actual Guidance(a) (b) Sales €18.0bn €20.4bn €22.0bn €21.5bn [€21.5bn-€22.5bn] (in €bn) OEM sales outperformance EBITDA(c) 11.3% 11.4% 12.0% 13.3% [13.5%-14.5%] (as % of sales) Ope
Slide 18: Share information
Share information Share Data ADR Data Ticker/trading symbol VLEEY Bloomberg Ticker FR FP CUSIP Number 919134304 Reuters Ticker VLOF.PA Exchange OTC ISIN Number FR0013176526 Ratio (ADR: ord) 1:2 Shares outstanding as of March 31, 2025 244,633,504 Depositary Bank J.P. Morgan Contact at J.P. Morgan – A
Slide 19: Glossary
Glossary Order intake corresponds to business awarded by automakers during the period to Operating margin corresponds to operating income before other income and expenses Valeo, and to joint ventures and associates based on Valeo’s share in net equity (except and before net earnings of equity-accoun
Slide 20: Safe harbour statement
Safe harbour statement Statements contained in this document which, when they are not historical fact, constitute “forward-looking statements”. These statements include projections and estimates and their underlying assumptions, statements regarding projects, objectives, intentions and expectations
Slide 21: VALEO HALF YEAR RESULTS | JULY 25, 2024
VALEO HALF YEAR RESULTS | JULY 25, 2024