• Valeo reaffirmed FY 2026 guidance for sales of EUR 20-21 billion, operating margin of 4.7%-5.3%, free cash flow above EUR 400 million.
• Targets second-half operating margin, free cash flow at least equivalent to the first half, assuming stable market, macro conditions, supply chain.
• H1 sales were EUR 10.4 billion, operating margin was 5.0%, free cash flow was EUR 242 million.
• Sales outlook factors in flat organic OEM growth from FY 2025 OEM sales of EUR 17.3 billion, forex and perimeter impacts of about EUR 400 million.
• Brain division, China sales with Chinese OEMs expected to return to growth in H2, though not included in formal guidance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Valeo SA published the original content used to generate this news brief on September 29, 2026, and is solely responsible for the information contained therein.