Oct 27, 2022 / NTS GMT
Operator
Welcome to the Valeo Q3 Sales Conference Call. I now hand over to Mr. Christophe Perillat, CEO of Valeo. Sir, please go ahead.
Christophe Perillat-Piratoine - Valeo SE - CEO & Director
Thank you, and good evening, everyone. Thank you very much for attending the call. Today, I'm joined by Robert Charvier, our CFO; Francois Marion, who is Group Communications Senior VP; and Thierry Lacorre, Investor Relations VP. The call will last 45 minutes sharp, including 15 minutes of presentation and 30 minutes of Q&A. So let me start.
In Q3, our sales rose by 33% compared to the third quarter of '21. I think it shows a strong growth and it demonstrates once again the relevance of our positioning and our growth potential. Like-for-like, OE sales grew by 24%. And on a pro forma basis, it means after adjusting the Q3 '21 figures for the high-voltage business, formerly known as Valeo Siemens eAutomotive, like-for-like growth comes out at 26%. You remember that during the presentation on February 25 of our strategic plan that I called to move-up, I
Q3 2022 Valeo SE Earnings Call Transcript
Feb 15, 2024
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