Valeo 2020 Results: Financial Rebound in H2

Valeo have released their 2020 results. Sales came in at €16.4bn in 2020 vs €19.5bn in 2019, a decrease of nearly 16 per cent. For year 2021, sales are forecast at €17.6bn to €18.3bn with an EBITDA of €2.25bn to €2.45bn, versus €2.50bn in 2020. Here are the 2020 vs. 2019 figures by business unit:…

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Hector Fratty

Hector Fratty, DrivingVisionNews President and Founder has been for his entire career in automotive lighting. From 1995 to 2006, he was Valeo Lighting Systems’ chief of R&D, managing a staff of 650 engineers and technicians and a budget of over €70m. He holds 20 patents worldwide. In 2008, after 2 years’ consultancy, he initiated the launch of Driving Vision News, a news pipeline dedicated to keeping the lighting and driver assistance community informed of the latest progress and development in the industry. Hector Fratty presides over the highly‐regarded biennial VISION Congress international automotive lighting and driver assistance symposium. Hector Fratty is also a member of the ISAL steering committees.