Valeo posts 15% YOY increase in Q1 2023 net sales to $5.5 billion

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Financial results

Valeo secured new orders for around €4 billion, including for Valeo 800V SiC inverter technology

Valeo has reported a 15% year-over-year increase in first-quarter net sales at €5.48 billion, according to a filing by the company on April 25.

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