Valeo SA (OTCPK:VLEEY)
$ 4.8865 0.0445 (0.92%) Market Cap: 2.37 Bil Enterprise Value: 7.61 Bil PE Ratio: 9.12 PB Ratio: 0.61 GF Score: 67/100

Full Year 2022 Valeo SE Earnings Call Transcript

Feb 23, 2023 / 05:45AM GMT
Release Date Price: $11.16 (+2.01%)
Christophe Perillat;Piratoine
Valeo SE - CEO & Director

Good evening to all, and thank you for joining the presentation of our 2022 annual results. My presentation will last 20 minutes and be followed by a Q&A session for another 40 minutes. I will handle the Q&A session together with Valeo's CFO, Robert Charvier, Almost exactly 1 year ago, we presented our move-up strategic plan and our financial outlook for the period 2022 to 2025.

Today, I come to show you that we are delivering on the commitment we made last year for 2022. They are in my presentation today, 4 main points that demonstrate that we deliver. We have achieved the 2022 guidance in a very challenging environment. Our growth is driven by the acceleration of ADAS and high-voltage electrification. Third, we recorded a very high level of new profitable orders at EUR 32.6 billion with very strategic orders and acceleration in electrification and ADAS. And finally, we show a 2023 guidance in line with our move-up plan, which means a significant improvement compared to 2022 after restatement of the full impact

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