PARIS, July 24 (Reuters) - French car part maker Valeo on Thursday posted a higher first half profit thanks in part to belt-tightening.
Europe's largest listed car supplier said net profit rose to 102 million euros compared with 68 million euros in the year-ago first half. In the second quarter, Valeo earned 80 million euros.
Operating profit was 241 million euros versus 240 million euros on sales of 4.85 billion euros.
Ten analysts polled by Reuters forecast a first-half average operating profit of 252 million euros.