Full Year 2024 Valeo SE Earnings Call Transcript

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Feb 27, 2025

Feb 27, 2025 / 05:30PM GMT
Christophe Perillat - Valeo SE - Chief Executive Officer, Director

Good evening to all, and thank you for joining the presentation of our 2024 annual results, which I will do together with Edouard de Pirey, Valeo's CFO. In a very challenging context for our sector, these results represent a new significant step of financial improvement for Valeo, the third year in a row.

May I start here by thanking all Valeo team members for their hard work and efforts, and I can confirm that we are all committed to continuing the journey of improving Valeo further. I will naturally start with 2024 highlights, then Edouard will walk you through our 2024 performance, and I will end with our financial roadmap for 2025. This less than 25-minute presentation will be followed by a 35-minute Q&A session that we will handle together with Edouard. So let's start. Let's start with '24 highlights.

First and foremost, we achieved our margin and cash guidance. That's no mean feat in the context you know. We managed to overcome a very challenging environment for the year marked by low activity in all regions and

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