According to law, on July 29, Valeo announced first half net profit rose 41 percent to 100 million euros, the main business gross margin increased by 4.1 percent (compared to 3.5 per cent). Automotive plastics company Plastic Omnium (referred to PO) net profit fell faster, but profit margins remain stable at 3.5 percent. PSA Group's subsidiary Faurecia, the first half of its net loss for the reduced by half to 22 million euros, the main business gross profit of sales of 1.4 percent (compared to 1 per cent).

       Reported that these enterprises are able to achieve such results, from their Western European countries other than the business expansion. If Faurecia sales in Europe declined by one percent, but in North America grew by 19.6 percent, in South America increased by 24 percent, Asia grew by 13.4 percent. Valeo business in Europe fell 3 percent, but 23 per cent growth in Asia, accounted for 13 per cent of turnover. In addition, workers in low-cost countries accounted for 50 percent of the company Valeo. Faurecia company from 2007 to 2008 in Mexico, established three factories; PO companies to invest 50 million euros, to be completed in 2008 third quarter.

       On the other hand, the raw material price hikes and the impact of currency changes, PO companies book loss of 16 million euros. Valeo companies by the impact of price pressure on sales prices have decreased 2.9 percent, the president pointed out that the second half of the situation is still grim. The paper said, because of the slowdown in global automotive production, Valeo companies by the impact of price pressures increased, it will lower the profits of small enterprises on the merger. Valeo also recognized at the same time, based on the company's profits in emerging countries, will increase its annual net profit, the company will look to 2008-2009 in the Russian establishment of 10 joint ventures and the product innovation and price.