Living Body

21-09-2017 Innovation

Plastic Omnium presents its vision of 2030 clean and connected Car, “Living Body”, at the 67th Frankfurt Motor Show

An intelligent car, that communicates with its surroundings, thanks to the lighting system integrated into its structure.

Introducing new solutions of light-weighting and aerodynamics, supercapacitors storing brake energy to help increase the range of this vehicle of the future.

Finally, a 100% clean vehicle that protects its environment thanks to the combined action of fuel cells and hydrogen that propels it, rejecting only water.

Living Body at 2017 Francfort Motor Show

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Proposed sale of the Environment Division

20-09-2017 Act For All

Plastic Omnium announces its plan to sell its Environment Division so it can focus exclusively on the global growth of its automotive operations.

As one of the Plastic Omnium Group’s original businesses, the Environment Division generates revenue of approximately €330 million, which is 4% of Plastic Omnium’s revenue. This profitable, cash-generating division, which is the global market leader in waste management solutions, employs 1,800 people in 12 countries.

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Tomorrow’s clean connected car

12-09-2017 Expertise

Environmental standards are undergoing constant change. At Plastic Omnium, we take these standards into account to invent tomorrow’s vehicle, embedding innovations in a sustainable development approach. Our goal is to offer automakers cutting-edge equipment and solutions that will bring to life tomorrow’s clean, connected car.

Press Kit

Plastic Omnium at the 67th Frankfurt Motor Show: Tomorrow’s clean, connected car

11-09-2017 Expertise

Plastic Omnium, the world leader in exterior products and modules and fuel systems, is presenting for the first time at the Frankfurt Motor Show a concept car that demonstrates the company’s contribution to the clean, connected car for 2030.

The car of the future will have:
– increased driving range thanks to new lightweighting and aerodynamic solutions and the use of supercapacitors to store braking energy
– no polluting emissions thanks to hydrogen and fuel cell propulsion
– the capacity to communicate with its surroundings thanks to the lighting system integrated into its structure.

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Plastic Omnium joins the Hydrogen Council as a steering member

07-09-2017 Finance

The Hydrogen Council welcomes 11 new members to its global membership group of 24 companies. For Plastic Omnium, this new membership is an opportunity to demonstrate its conviction that hydrogen must play a key role in sustainable mobility, and to engage with global key stakeholders in order to ensure its promotion and development.

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IAA 2017

30-08-2017 Expertise

Share capital reduction of 0.98% through the cancellation of treasury stock

21-08-2017 Finance

The Board of Directors of Compagnie Plastic Omnium, in a meeting held on July 20th 2017, decided to proceed to the cancellation of 1,500,000 treasury shares, representing 0.98% of the share capital of the company.

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First-half 2017: strong growth in revenue and results

21-07-2017 Finance

Results for the first half of 2017 show high growth in economic revenue, above €4 billion. The rise in operating income reflects the nonstop improvement in our industrial performance and high workloads for plants. The streamlining of the exterior body parts business acquired in 2016 is going ahead to plan. The Group’s net profit has risen by 35% and our financial structure continues to strenghten.

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2017 Interim results presentation 2017 Interim results report

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Disposal of the Truck business

03-07-2017 Expertise

On June 30, 2017, Plastic Omnium definitively sold its Truck composites business to the German group mutares AG.
This body parts and structure design and manufacturing business for the truck industry, which employs 1,500 people, had revenue of approx. €200 million in 2016 for its 9 production sites (5 in France, 1 in Germany, 1 in Mexico and 2 in China). Its sale will have an accretive impact on the Group’s profitability.

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2017 First-Half results

03-07-2017 Finance

Plastic Omnium 2017 First-Half results will be presented during an online conference on Friday, July 21th, 2017 at 08:30 am (Paris time).

Please register now to:
http://event.onlineseminarsolutions.com/wcc/r/1457624-1/9E49A8D5BE8626E94F1A5A502279E72E?partnerref=rss-events

Conf call number:
France toll: +33 1 72 00 15 10
UK toll: +44 203 043 2440
Germany toll: +49 6922 2229 031
Spain toll: +34 914 142 021
US toll: +1 646 722 4907

PIN Code:
French: 79845369 #
English: 42251158 #

€500 million 7-year 1.25% bond issue

19-06-2017 Finance

Compagnie Plastic Omnium today completed a €500 million 7-year 1.25% bond issue for European investors, without covenants or ratings.
The net proceeds of the issue will be used to meet the Group’s general financing needs as part of its profitable and independent growth strategy, based on globalization and innovation. It will strengthen the Group’s debt structure by extending the average maturity of its debt and diversifying its sources of financing.

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Plastic Omnium opens its Automotive Strategic Advisory Committee to external internationally recognized experts to accelerate the pace of innovation

22-05-2017 Innovation

Plastic Omnium opens its Automotive Strategic Advisory Committee to external members who will provide authoritative advice and guidance to foster PO’s innovation patterns.
This committee, created in 2011 and led by Plastic Omnium’s Scientific Director, supports the development of a comprehensive policy approach on open innovation, collaboration and cross-fertilisation, private and public partnerships, and technology transfer.
In addition to Plastic Omnium R&D VPs, this Advisory Committee hosts eminent, internationally recognised figures from the academic world, research and industry.

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from left to right: Jay Lee, Hiroaki Kitano, Ronan Stephan, Mathias Fink in Levallois headquarters

Very strong revenue growth over the 1st quarter of 2017

25-04-2017 Finance

For the 1st quarter of 2017, economic sales reported by Compagnie Plastic Omnium amounted to €2,039.4 million, up 32.8% compared with the 1st quarter of 2016. Consolidated sales, excluding joint ventures, rose by 36.0%.
This very strong growth is the result of:
– organic growth of 16.8% in the automotive business, which outperformed global automotive production by 10.9 points;
– the exterior systems acquired on July 31, 2016.

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Plastic Omnium in China: Continued strong growth

19-04-2017 Expertise

Exhibiting at Auto Shanghai for the 3rd time, Plastic Omnium confirms its successful development in China and capacity to pursue its growth in the biggest automotive market in the world, leading to double its revenue* to €1.3 billion in 2021.
Plastic Omnium set up in China in 2007 and recorded revenue of €640 million in the Chinese market in 2016, with 26 production sites and a workforce of 5,100.
Our robust growth expectations are based on market share gains, developments with local Chinese car manufacturers, and the increase in the share of innovative products. Growth projections are backed by a comprehensive industrial network and expanded R&D capacity.

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€200 million sale to Flex|N|Gate of part of the business purchased from Faurecia is confirmed

31-03-2017 Expertise

Today, Plastic Omnium finalized the sale of seven European sites (four in France, one in Spain, two in Germany) to US-Based Flex|N|Gate Group. This disposal was required by the European Commission as part of the takeover of Faurecia Auto Exterior in July 2016. As previously announced, the deal was made for an enterprise value of €200 million.
The integration process of the scope retained by Plastic Omnium, which amounts to €1 billion in revenue, is proceeding on schedule, and its profitability improvement target has been confirmed.

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