2026 H1 Results

Valeo SA reported first‑half 2026 results with sales of €10.378 billion, up 0.7 % on a like‑for‑like basis, and an operating margin of €514 million, or 5.0 % of sales, an 8 % lift over the same period in 2025. Order intake reached €12.1 billion, 1.4 times OEM sales, reflecting strong demand aligned with the Elevate ‘28 strategic plan. The Group’s free cash flow more than doubled to €242 million, and net debt fell by nearly €200 million to €3,828 million, improving the leverage ratio to 1.2× from 1.3× in 2025.