Financial Results | 24 Jul, 2019
| 5 min
Press release – H1 2019 Results
Valeo stays focused on its strategic goals and confirms its 2019 objectives
4 percentage point outperformance versus automotive production, accelerating over the first half
Operating margin(1) of 514 million euros, or 5.3% of sales, up 0.5 percentage
points compared with second-half 2018
Net income(2) of 162 million euros, or 1.7% of sales, after non-recurring
expenses of 30 million euros
Free cash flow(2) generation of 237 million euros, up 90% compared with
second-half 2018, corresponding to a cash conversion rate(2) of 19%
Order intake(2) of 11.1 billion euros, representing 1.3 times original equipment
sales
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