12:31 AM EDT, 08/28/2026 (MT Newswires) -- Moody's changed its outlook on the Ba1 corporate family rating of Valeo (FR.PA) to stable from negative, citing the company's financial performance in the first half and improvement in credit metrics. The rating agency said Thursday that the French automotive technology company's efforts to further strengthen its profitability and reduce net debt support expectations for better credit metrics over the next 12 to 18 months. Meanwhile, Moody's also affirmed Valeo's corporate family rating, citing the company's size and scale, connections with global automakers, product portfolio, high innovation rate, deleveraging-focused financial policy, and liquidity.

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