VALEO SE-SPON ADR Business Summary

Valeo SE is a global automotive technology supplier that generates revenue primarily through original equipment manufacturer (OEM) sales, which accounted for 82% of its €10.4 billion in H1 2026 revenue, supplemented by its Valeo Service aftermarket division. The company operates through four primary business segments: Brain (Advanced Driver Assistance Systems and interior electronics), Power (powertrain electrification), Light (visibility and lighting systems), and Thermal (thermal management). Under its "Elevate 2028" strategic plan, Valeo is leveraging its core competencies to expand into adjacent high-growth markets, including drone motors and data center cooling solutions. The company competes directly with major Tier-1 suppliers such as Robert Bosch, Denso, Continental, and Forvia, maintaining a dominant market position as a global leader in ADAS sensors and 48V low-voltage electrification systems. Originally founded in 1923 as the Société Anonyme Française de Ferodo, Valeo is currently led by Chief Executive Officer Christophe Périllat, who assumed the role in 2022 following a decade in the aerospace industry at Labinal. The executive leadership team includes Chief Financial Officer Edouard de Pirey, formerly the CEO of Valeo’s LiDAR division, and Jean-Luc Terrasse, who was appointed Deputy CEO and CEO of the Light Division effective July 1, 2026. Technical innovation is directed by Christophe Le Ligné, Group Vice President of Research & Development, while the Board of Directors is chaired by Gilles Michel. The company is backed by a stable base of institutional investors, including Bpifrance Participations, the Capital Group Companies, and Groupe Industriel Marcel Dassault.