France: Valeo targets operating margin doubling in 2010

Valeo has reported a further significant improvement in profitability in the final quarter of 2009, a reflection of revenue growth of 21% (versus Q4 2008) and the positive impact of cost reduction measures and productivity enhancement plans. Based on expectations of a slight reduction in vehicle production in Europe, a Subscribe to Automotive World to … Continued

• By Webmaster
• February 24, 2010