Valeo is hosting its Capital Markets Day, outlining its financial trajectory for the next three years to 2028. Building on its well established and well recognised technology leadership in the automotive world, the Group is committed to continue steadily increasing profit, generate higher levels of cash and return to sales growth.
Christophe Perillat, Valeo’s CEO, commented: “Since 2022, our Move Up plan has ensured that
we are well positioned in terms of technology to succeed in the market, and has laid the
foundations for significant financial improvements, resulting in a steady improvement in Group
profit and cash.
As we embark on the next stage with our Elevate 2028 plan, we intend to capitalize on these
achievements and to further improve our financial fundamentals. To do this, our plan will be powered by three engines. The first engine is a steady increase in profit. It started in 2022, and will carry on delivering. The second engine, generating higher levels of cash, has just been fired. 2025 represents a turning point in the evolution of our business model and confirms our ability to generate more cash. The third engine will be the return to growth. It will kick in in 2027, as our strong order book translates into sales.
Valeo’s engines are powered by the expertise and commitment of our teams worldwide and I
would like to thank them for their fantastic contribution to our success. I am confident that their
courage and agility will enable us to keep delivering innovation and excellence to our customers
every day. Building on our existing strengths as an industrial champion and a technological powerhouse,
we have spent the last few years making Valeo into a global leader fit for success. With Elevate 2028, we will ensure that the Group progresses further with strong financial fundamentals and
solid growth prospects.”
With Elevate 2028, Valeo continues the transformation that was achieved under Move Up, targeting stronger financial fundamentals. It will be powered by three engines:
● Steadily improving profits from 2022 onwards;
● Generating higher cash, from 2025 onwards;
● Returning to sales growth, which is anticipated from 2027.
The improvement of the Group’s financial strength will rely on its strong market leadership position in the cutting-edge technologies that will shape the car of tomorrow: electrified, safer, and software-defined. As the preferred technology partner for the leading global OEMs, the Group will continue to expand in key car producing regions such as China, India, and North America.
