(Reuters) - French car parts maker Valeo posted slightly lower first quarter sales on Thursday, as weak high-voltage electrification activity overshadowed its traditional powertrain business.
Valeo, which designs and produces components and integrated systems for vehicles, reported quarterly sales of 5.43 billion euros ($5.82 billion) in comparison to 5.48 billion in the year earlier period.
The firm reiterated its outlook for 2024 and 2025.
($1 = 0.9330 euros)
(Reporting by Michal Aleksandrowicz in Gdansk)