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2017 INTEGRATED REPORT - valeo.com

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2017 INTEGRATED REPORT EXTRACT FROM THE REGISTRATION DOCUMENTPermanent magnet synchronous motor (85 kW) Valeo Siemens eAutomotive technologyValeo INTEGRATED ReportCONTENTSMessage from Jacques Aschenbroich, Chairman and Chief Executive Officer 4Technological innovation, growth and financial performance 5KEY FIGURES IN 2017 6Business review and results 6Cash flow and financial structure 8Other profitability indicators 9Non-financial indicators 9TRENDS 10In a changing world, electrification, the autonomous vehicle and digital mobility are disrupting the automotive industry 10Increasingly stringent regulations aimed at reducing air pollution 10A world of transformations 11The three technological revolutions taking place in the automotive are accelerating in Asia, the world s largest market 13STRATEGY

02 Valeo Integrated Report — 2017 Valeo Integrated Report — 2017 111,600 EMPLOYEES 20 RESEARCH CENTERS 33 COUNTRIES 35 DEVELOPMENT CENTERS 184 PLANTS 15 DISTRIBUTION PLATFORMS Takeover of Ichikoh, Japan's leading automotive lighting company Acquisition f o FTE automotive, a leading producer of hydraulic actuators for automatic transmissions

  Automotive

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