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Valeo Sales Growth of 17% in the First Quarter 2000

5 April 2000

Valeo Sales Growth of 17% in the First Quarter 2000

    PARIS--April 5, 2000--Valeo's consolidated sales totaled 2.22 billion euros in the first quarter 2000, up by 16.7% over 1999.
    At constant reporting entity and exchange rates, growth was 8.5%.
    Sales progressed strongly on all continents: 13% in Europe, 15% in North America, 45% in South America and 160% in Asia.
    Valeo will publish its first quarter 2000 results on April 12.
    Valeo is an independent industrial Group fully focused on the design, production and sale of components, integrated systems and modules for cars and trucks, and ranks among the world's top automotive suppliers. The Group has 118 plants, 39 R&D centers, 10 distribution centers and employs 51,700 people in 20 countries worldwide.
    For more information on the Group and its businesses, please consult our Web site: www.valeo.com