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Plastic Omnium was named a GM Supplier of the Year by General Motors during a virtual ceremony honoring the recipients of the company’s 28th annual Supplier of the Year awards on Wednesday, June 24, 2020. During the event, GM recognized 116 of its best suppliers from 15 countries that have consistently exceeded GM’s expectations, created outstanding value or introduced innovations to the company. ”Our suppliers play a key role in delivering the products, services and experiences our customers deserve – and these award-winning suppliers went above and beyond our expectations,“ said Shilpan Amin, GM vice president, Global Purchasing and Supply Chain. The Supplier of the Year award winners were chosen by a global team of GM purchasing, engineering, quality, manufacturing and logistics executives. Winners were selected based on performance criteria in Product Purchasing, Global Purchasing and Manufacturing Services, Customer Care and Aftersales, and Logistics. ”This award recognizes our teams’ dedication to exceeding General Motors expectations. The Plastic Omnium team works in close collaboration with the GM team to achieve innovation and operational excellence.“ John DUNN, President and CEO Plastic Omnium Americas. |
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Plastic Omnium’s innovation strategy allows him to rank 20th among INPI 2019 patent applicants
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The INPI has published its 2019 top 50 patent applicants, in which Plastic Omnium ranks at the 20th place, gaining 8 places compared to the 2018 ranking. In the automotive industry, Plastic Omnium ranks at the 7th place of the most important patent applicants. This achievement attests to the Group’s proactive innovation strategy to shape the clean and connected car of tomorrow, capitalizing on its 26 global R&D centres working closely with its 93 customers. The Group has recently signed strategic partnerships to boost innovation for exterior intelligent systems connectivity, and has certified hydrogen tanks, for which he has won first contracts, confirming Plastic Omnium as a major player in the energy transition. |
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100% of the 131 worldwide plants of Plastic Omnium are now operational
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Plastic Omnium has gradually reopened its plants since April, ensuring the safety of its employees, and in accordance with the local policies of the 26 countries where the Group operates. As of June 24, 100% of the 131 plants of Plastic Omnium are reopen! The gradual ramp up of production answers to the group’s automotive customers local needs, in strict compliance with the safety rules implemented worldwide by Plastic Omnium for its employees. Plastic Omnium had anticipated the restart of production since March 2020, by developing ”Safe Restart Playbook“, by training each employee for its implementation and by sharing it with its suppliers on its website. |
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Plastic Omnium invests to equip its employees with surgical masks
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Plastic Omnium acquires two production lines for surgical masks. One was started in May in its ?-Sigmatech R&D center (Lyon, France) to meet the needs of its European sites, the second will be installed at the end of June in Puebla (Mexico), to cover the needs of North and South America. Each line production capacity is 1.5 million masks per month, thus ensuring the Group’s autonomy for the protection of it employee, in application of reinforced sanitary measures. |
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Plastic Omnium top priority is employee safety when restarting production
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Plastic Omnium is putting into practice the ”Safe Restart Playbook“ for the restart of its plants’ production in Europe and North America. With an absolute priority given to the safety of its employees, the entire organization of the plants and their flows have been reviewed as of the entrance on site: training, distance measures in shared spaces, reorganization of flows and workstations on the shopfloor and offices… Discover, in pictures, the work of the teams. |
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1st quarter revenue, 2020
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During the 1st quarter of 2020, thanks to its solid order backlog, Plastic Omnium managed to outperform by 20 points the worldwide automotive production, down by 24.4% due in particular to the Covid-19 pandemic (outperformance by 19.6 points on economic revenue and by 21.7 |
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Plastic Omnium production in China back to activity
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On April 8, Chinese authorities lifted the two and a half months lockdown on Wuhan city, allowing the restart of operations in the last confined region of China. After all its other Chinese plants, Plastic Omnium has thus been able to restart production in its sites and reopen its R&D center in the region of Wuhan. For Plastic Omnium, employees’ safety is a top priority. With this objective in mind, a Restart Task Force leaded by the Group and headed by the Asia General Manager, had anticipated the restart of operations and implemented plant disinfection, epidemic prevention information, training of the teams, etc. He is helped in this task by a specially appointed Covid manager per each plant, whose task is to ensure that the 15 non-negotiable fundamentals will be applied on a daily basis. Plants loading in China are gradually increasing to reach today an average of 50%, casting a positive light for the restart of the automotive business in the region. Those strict preventative and protective measures will be maintained as long as necessary to ensure the teams’ safety. The Restart program will be a management and operational tool for every Plastic Omnium plant once the reopening will be possible. |
 
Protection and temperature measures
Applying distancing measures |
Live broadcast of April 23, 2020 close-door shareholders meeting
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In accordance with the order no. 2020-321 of March 25, 2020, the Board of Directors of Compagnie Plastic Omnium SE has decided to hold the Company’s Annual Shareholders’ Meeting in close-door, on April 23, 2020. We also inform you that the Shareholders’ Meeting will be broadcasted Live on the company’s website: |
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Plastic Omnium, in the name of Félicie Burelle, Managing Director, was member of the 3rd ACF AutoTech Grand Prix jury
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Organized by the Automobile Club de France and the ESSEC Automobile Club, this Grand Prix highlights and rewards the most innovative French and international startups acting in the automotive field. Deliberations took place April 2nd, in a 100% digital session where the public was invited to vote. |
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Shareholders Meeting of April 23, 2020 without the physical presence
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In accordance with the laws and regulations enacted to combat the spread of Covid-19, the Board of Directors of Compagnie Plastic Omnium SE has decided to hold the Company’s Annual Shareholders’ Meeting without the physical presence of its shareholders. As a consequence we invite you to anticipate and give preference to participating in the Shareholders’ Meeting by the remote voting means made available to you (by mail or by Internet). You have the possibility to ask questions before the Annual General Meeting, via the email address investor.relations@plasticomnium.com. We also inform you that the Shareholders’ Meeting will be broadcast on the company’s website (https://www.opmobility.com). |
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34% dividend reduction at €0.49
Aware of its responsibilities to all of its stakeholders, the Board of Directors of Compagnie Plastic Omnium SE met by telephone conference on March 31, 2020 and unanimously agreed to reduce the dividend proposed for 2019 to €0.49 per share, compared with the €0.74 initially proposed, i.e. a reduction of 34%.
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Plastic Omnium fully geared up to face Covid-19
In response to the Covid-19 pandemic, Plastic Omnium is implementing all measures to protect the Group’s 32,000 employees, ensure the continuity of its operations by liaising closely with customers, and maintain the robustness of its financial structure.
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The Group’s first priority is the health of its employees. Across all of its plants, on a global level, Plastic Omnium has put in place a series of rigorous measures to avoid contact between employees and reduce the risk of contamination: – Home office is in place for all jobs where this is possible; |
Damien DEGOS is appointed Group Purchasing Performance Director
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To strengthen its operational excellence, Plastic Omnium has created the position of Group Purchasing Performance Director within the Executive Committee, entrusted to Damien DEGOS as of March 16, 2020. The first mission of Damien DEGOS will be to optimize the organization of indirect purchases in order to rationalize the supplier portfolio, generate savings and guarantee the quality of the service provided. Its second mission will be to deploy actions to strengthen the social responsibility of the supply chain and reduce the Group’s carbon footprint, thereby underlining and reinforcing the Group’s strong societal commitment, ACT FOR ALL ?. A graduate of the Ecole Supérieure d’Electricité (SUPELEC) and the IMD of Lausanne, Damien DEGOS has 26 years of experience in the Group, where he has held operational and financial management positions. |
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Plastic Omnium, winner of the mixite trophies – Category best progression France 2017/2020
Plastic Omnium is the winner of the 2017-2020 Best Progression France Trophy for the percentage of women in the COMEX, the TOP 100 and the global workforce.
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Félicie Burelle, Managing Director and Jean-Sébastien Blanc, Executive VP Human Resources, received with pride this award given by the association WAVE, during the ceremony that took place on March 5 within the PFA premises, in the presence of Muriel Pénicaud, French Minister of Labor, and Luc Chatel, President of the Plateforme Française de l’Automobile (PFA). The WAVE association – Women and Vehicles in Europe – was created in 2008 to promote gender balance in the automotive and mobility professions. To officially reward companies that make gender diversity a real development lever in their organizations, WAVE is organizing the first gender diversity awards. Convinced that diversity within teams is the key to success and performance, it is at the heart of Plastic Omnium’s Corporate Social Responsibility ACT FOR ALL? policy. The Group’s objective is to reach 25% of women in leadership and management positions in 2025, with strong attention to the development of their internal career. Discover the 3 focuses and 10 markers of ACT FOR ALL? |
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2019 Results revenue
In 2019, Plastic Omnium’s results, its technological advances, and its ambitious social responsibility policy gave to Plastic Omnium the means to pursue a strategy of profitable and sustainable growth in a complex environment.
Thanks to a diversified customer portfolio, 32,000 committed employees, a clear innovation roadmap and a sound financial structure, Plastic Omnium ranks as a leader in clean and connected mobility, constantly enhancing the value of its innovative systems.
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Growth, outperformance and solid results Financial structure strengthened by strong generation of cash-flow An ambitious and vigilant Group 2019 annual results presentation2019 consolidated financial statements |