H1-2008 - Valeo
H1-2008 - Valeo
H1-2008 - Valeo
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Results<br />
In euro million<br />
R&D (net)<br />
SG&A<br />
Total overhead<br />
Operating margin<br />
Operating income<br />
July 29, <strong>2008</strong> I 20<br />
as % of total op. revenues<br />
as % of total op. revenues<br />
as % of total op. revenues<br />
as % of total op. revenues<br />
Other income & expenses<br />
as % of total op. revenues<br />
as % of total op. revenues<br />
<strong>H1</strong>-<strong>2008</strong><br />
(270)<br />
5.5%<br />
(318)<br />
6.5%<br />
(588)<br />
12.0%<br />
203<br />
4.1%<br />
(21)<br />
0.4%<br />
182<br />
3.7%<br />
<strong>H1</strong>-2007<br />
(279)<br />
5.6%<br />
(315)<br />
6.3%<br />
(594)<br />
11.9%<br />
177<br />
3.5%<br />
(10)<br />
0.2%<br />
167<br />
3.3%<br />
Change<br />
-0.1 pt<br />
+0.2 pt<br />
+0.1 pt<br />
+0.6 pt<br />
+0.2 pt<br />
+0.4 pt
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