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4-Traders Homepage  >  Equities  >  Euronext Paris  >  Valéo    FR   FR0013176526

VALÉO (FR)

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VALEO : 2012 Annual Shareholders' Meeting

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03/27/2012 | 07:02pm CET

12.07

Valeo 2012 Annual Shareholders' Meeting Paris, March 27, 2012 - At its meeting today, the Board of Directors decided to convene the Annual Shareholders' Meeting on June 4, 2012, at 2.30pm, at the Palais des Congrès de Paris, 2 Place de la Porte Maillot, 75017 Paris. As previously announced, shareholders will be asked to approve a dividend of €1.40 per share. They will also be asked to renew the terms of office of Thierry Moulonguet, Georges Pauget and Ulrike Steinhorst.

Valeo is an independent industrial Group fully focused on the design, production and sale of components, integrated systems and modules for the automotive industry, mainly for CO2 emissions reduction. Valeo ranks among the world's top automotive suppliers. The Group has
124 plants, 21 research centers, 40 development centers, 12 distribution platforms and employs
68,000 people in 28 countries worldwide.

For all additional information, please contact :

Media relations Thierry Lacorre

Phone: +33 1.40.55.21.75 / +33 1.40.55.37.18 Financial Relations Director

Phone: +33 1.40.55.37.93

**

For more information about the Group and its activities, please visit our web site www.valeo.com

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This press release was issued by Valeo SA and was initially posted at http://www.valeo.com/fileadmin/dotcom/uploads/press_release_pdf/2012/12.07%20Communiqué%20Convocatio nAG_UK.pdf . It was distributed, unedited and unaltered, by noodls on 2012-03-27 18:56:09 PM. The issuer is solely responsible for the accuracy of the information contained therein.

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Financials (€)
Sales 2016 16 358 M
EBIT 2016 1 268 M
Net income 2016 884 M
Debt 2016 793 M
Yield 2016 2,09%
P/E ratio 2016 14,88
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Mean consensus HOLD
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Average target price 54,9 €
Spread / Average Target -1,0%
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