2017 INTEGRATED REPORT - valeo.com
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 …
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2017 CONSOLIDATED FINANCIAL STATEMENTS - Valeo
www.valeo.com2017 consolidated financial statements 2017 consolidated financial statements AFR 1. Consolidated statement of income (in millions of euros) Notes 2017 2016 SALES 4.1 18,550 16,519 Cost of sales 4.3 (15,076) (13,499) GRoss maRGin 4.3 3,474 3,020 as a % of sales 18.7% 18.3%
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