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Top related persons:
Pierre John Felcenloben - 2 Sarah Meyssonnier - 1 Valeo - 1 Christophe Périllat - 1 Jane Merriman - 1 Cynthia Osterman - 1 ASMI - 1 Laura Lenkiewicz - 1
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Thomson - 2 Valeo - 1 REUTERS - 1 Systems - 1 UAW - 1 ASM - 1

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2 mentions found


☆ France's Valeo third-quarter sales rise driven by key regions, businesses
  + stars: | 2023-10-26 | by ( Pierrejohn Felcenloben | ) www.reuters.com   time to read: +2 min
Valeo reaffirmed its full-year guidance of between 22-23 billion euros for sales and an operating margin in the range of 3.2-4% for end of 2023. Original equipment, that is vehicle components fitted by a manufacturer as standard, grew 4% on a like-for-like basis during the quarter. Original equipment represents 85% of Valeo sales. Aftermarket product sales, accounting for 11% of total sales, grew 3% on a like-for-like basis to 569 million euros. North America accounted for 21% of original equipment sales this quarter and recent UAW strikes in the United States have "had a negligible impact" on sales, the company said.
Persons: Sarah Meyssonnier, Valeo, Christophe Périllat, Pierre John Felcenloben, Jane Merriman, Cynthia Osterman Organizations: Valeo, REUTERS, Systems, UAW, Thomson Locations: Paris, France, Valeo, North America, United States
☆ ASM International's Q2 new orders tumble as chip industry slows
  + stars: | 2023-07-25 | by ( Laura Lenkiewicz Pierrejohn Felcenloben | Laura Lenkiewicz | Pierrejohn Felcenloben | ) www.reuters.com   time to read: +1 min
July 25 (Reuters) - Dutch semiconductor equipment maker ASM International (ASMI) (ASMI.AS) said on Tuesday new orders almost halved in the second quarter due to softening demand and delays at some customers' manufacturing facilities. The company, which supplies wafer processing equipment to semiconductor makers, said new orders fell to 485.8 million euros ($536.2 million) from 942.7 million euros in the same period a year earlier. It also reported second-quarter net earnings of 151.2 million euros, down from 160.4 million a year ago. The company forecast third-quarter revenue of 580-620 million euros on a currency-comparable level, down from 675.5 million euros a year earlier. ($1 = 0.9060 euros)Reporting by Pierre John Felcenloben and Laura Lenkiewicz; Editing by Susan Fenton and Mark PotterOur Standards: The Thomson Reuters Trust Principles.
Persons: ASMI, Pierre John Felcenloben, Laura Lenkiewicz, Susan Fenton, Mark Potter Organizations: ASM, Thomson Locations: China, United States
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