5 days ago
Valeo cuts 2025 sales outlook, sees forex impact of 750 million euros
July 24 (Reuters) - French car parts supplier Valeo ( opens new tab cut its 2025 sales outlook on Thursday, citing an adverse currency impact of 750 million euros.
The designer and producer of car components and integrated systems now expects sales of around 20.5 billion euros ($24.1 billion) this year, down from the 21.5-22.5 billion euros it forecast previously.