Valeo Sales Up to €17 billion

Valeo’s 2021 annual results are in line with the preliminary financial information published on 26 January, with sales of €17.26bn and EBITDA margin at 13.4% of sales 2021 sales2021 automotive production was up by only 4% year on year. Hit by the Covid crisis in 2020, business was severely disrupted by the electronic components crisis…

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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.