Valeo Q3 sales fall 2.3% to €4.88 billion, missing expectations
The French car parts supplier said third-quarter sales were €4.88 billion, compared with €4.93 billion expected on average, as automotive industry weakness persisted.
French auto-parts supplier Valeo reported third-quarter sales down 2.3%, slightly below market expectations, amid continued weakness in the automotive industry. Sales totaled €4.88 billion ($5.47 billion), versus an average forecast of €4.93 billion.