(Edits throughout, adds targets, shares, quotes) By Rebecca Harrison PARIS, April 23 (Reuters) - Europe's largest listed car parts maker Valeo posted a forecast-lagging 10 percent rise in first-quarter net profit on Wednesday, but its shares edged higher as investors cheered brighter profit margins. Valeo said in a statement that net profit in the first three months climbed to 22 million euros from 20 million previously, well below a consensus forecast for 37 million euros due to ...
Premium Content (PAID Subscription Required)
"UPDATE 3-Valeo profits climb, margin rise boosts shares" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.