Sales reached 22,044 million euros in 2023, up 11% at constant reporting entity and exchange rates. On a like-for-like basis, sales are up 9%.

EBITDA stands at 2,647 million euros, or 12.0% of sales, up 60 basis points on the same period in 2022 restated, Operating income stands at 744 million euros.

Net income, Group share stands at 221 million euros, or 1.0% of sales.

' Sales are expected to reach between 22.5 and 23.5 billion euros in 2024, and between 24.5 and 25.5 billion euros in 2025 (22.0 billion euros in 2023). The Group is confident in the growth of its original equipment sales in all production regions, particularly in Europe', says management.

' Valeo has set itself the objective of increasing its operating income and cash generation by more than 60% between 2023 and 2025 '.

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