UPDATE 1-AUTOSHOW-Valeo sees higher raw materials impact in H2

Newswire

(Adds detail, background) PARIS, Sept 24 (Reuters) - French car part maker Valeo will be hit harder in the second half than in the first by high prices for raw materials like steel, its chairman Thierry Morin said on Friday. Morin also told reporters at the Paris Motor show that he still aimed to lift operating margin half-year on half-year but that the company faced challenges of sluggish markets and high raw material prices. "We expect a higher immpact in H2 than in H1," he said, ...

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