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Valeo ahead of schedule with cost reduction program, CEO says

Published by Global Banking & Finance Review

Posted on May 22, 2025

1 min read

· Last updated: January 23, 2026

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PARIS (Reuters) -French carmaker Valeo Valeo is ahead of schedule with its cost reduction program, which will be rolled out by Summer, Chief Executive Christophe Perillat told shareholders on Thursday

Valeo ahead of schedule with cost reduction program, CEO

PARIS (Reuters) -French carmaker Valeo Valeo is ahead of schedule with its cost reduction program, which will be rolled out by Summer, Chief Executive Christophe Perillat told shareholders on Thursday.

Valeo targets 150 million euros in cost cuts this year and over 300 million euros per year from 2026.

(Reporting by Gilles Guillaume, Writing by Dominique Vidalon;Editing by GV De Clercq)

Key Takeaways

  • Valeo is ahead of schedule with its cost reduction program.
  • The company aims for €150 million in cuts this year.
  • Valeo targets over €300 million in annual savings by 2026.
  • CEO Christophe Perillat announced the progress to shareholders.
  • The program will be fully implemented by Summer.

Frequently Asked Questions

What is Valeo's cost reduction target for this year?
Valeo targets 150 million euros in cost cuts this year.
When will Valeo's cost reduction program be fully rolled out?
The cost reduction program will be rolled out by Summer.
What is Valeo's long-term cost reduction goal?
Valeo aims for over 300 million euros in cost cuts per year starting from 2026.

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