Valeo : Presentation – H1 2021 Results

H1 2021

RESULTS

JACQUES ASCHENBROICH

CHAIRMAN & CEO

H1 2021 RESULTS

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H1 ESG & FINANCIAL HIGHLIGHTS

SUSTAINABLE GROWTH

OUTPERFORMANCE OF MORE THAN 10 PTS

H1 EBITDA MARGIN OF 13.4%

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10

13

20

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07

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	H1 FCF OF €145M
		26
	ORDER INTAKE OF		33
	€10.6BN
	2021 OUTLOOK		37
	CONFIRMED
	BACKUP SLIDES			39

VALEO RESERVED	July 22, 2021	2

01 H1 2021 ESG & FINANCIAL HIGHLIGHTS

ROBUST SET OF RESULTS IN A CHALLENGING ENVIRONMENT

VALEO RESERVED	July 22, 2021	3

H1 EXTRA-FINANCIAL HIGHLIGHTS

• Carbon neutrality by 2050
  45% CO2 reduction by 2030 - intermediate targets

Valeo joined the new "CAC 40 ESG" index in March 2021

S

Valeo has managed to avoid any production disruption at OEM level

• Appointment of Christophe Perillat as Deputy CEO

Separation of the roles of Chairman of the Board and CEO in January 2022

July 22, 2021	4

Q2 FINANCIAL HIGHLIGHTS

up 73% lfl vs. 2020 despite semiconductor shortage

Outperformance* of

24pts vs. 2020

Europe+9pts

Sales

€4,327m

OEM

Sales

up 63% lfl vs. 2020

thanks to Valeo Service efficiency

Aftermarket

Sales

up 78% lfl vs. 2020

Outperformance of 24 points

thanks to a positive geographic mix

Asia		+5pts
	of which China				0pts
North America				+32pts
South America			+56pts

Outperformance* in all

Business Groups vs. 2020

Comfort & Driving Assistance +31pts

Powertrain+19pts

Thermal+32pts

Visibility+17pts

€3,575m

*IHS as of July 16, 2021/CPCA estimates for China

July 22, 2021	5