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Valeo SA (VLOF.PA)

VLOF.PA on Paris Stock Exchange

55.00EUR
4:37pm BST
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€0.20 (+0.36%)
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€54.80
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Wed, Apr 25 2018

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Valeo sales growth slows on U.S., China auto production dip

PARIS French auto parts maker Valeo said revenue growth slowed to 3 percent in the first quarter, held back by a strong euro and a contraction in Chinese and U.S. car production.

UPDATE 1-Valeo sales growth slows on U.S., China auto production dip

* Strong euro weighs on revenue growth (Adds CEO comment, details, background)

Valeo sales growth slows on U.S., China auto production dip

PARIS, April 25 French auto parts maker Valeo said revenue growth slowed to 3 percent in the first quarter, held back by a strong euro and a contraction in Chinese and U.S. car production.

BRIEF-Valeo Signs Partnership Agreement With Start-Up Ellcie Healthy

* SIGNING OF A PARTNERSHIP AGREEMENT WITH START-UP ELLCIE HEALTHY

BRIEF-Valeo seeking services of investment firm to meet share buyback targets

* VALEO SAYS HAS SOLLICITED THE SERVICES OF AN INVESTMENT FIRM TO MEET TARGETS OF ITS SHARE BUYBACK PROGRAMME

BRIEF-Amedica announces FDA Clearance of the Valeo C+CSC with Lumen Interbody Fusion Device

* AMEDICA ANNOUNCES FDA CLEARANCE OF VALEO C+CSC WITH LUMEN INTERBODY FUSION DEVICE Source text for Eikon: Further company coverage:

Valeo profit falls on tax charge, R&D push

PARIS, Feb 22 French auto parts maker Valeo said profit fell in the second half as it weathered adverse exchange rates and raw material prices, invested more in future vehicle technologies and took a one-off charge related to U.S. tax cuts.

BRIEF-Fawer Automotive Parts Signs MOU With Valeo Siemens eAutomotive Germany GmbH

* SAYS IT SIGNS MOU WITH SIEMENS AND VALEO'S JV ON NEW ENERGY VEHICLE-RELATED COOPERATION

BRIEF-Valeo Appoints François Marion As Valeo China President‍​

* WITH EFFECT FROM JANUARY 1ST, 2018, FRANÇOIS MARION HAS BEEN APPOINTED VALEO CHINA PRESIDENT‍​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

BRIEF-Valeo Invests In Cathay Cartech Fund

* CONFIRMS INVESTMENT OF 375 MILLION YUANS (APPROX. 50 MILLION IN EUROS)

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