Open Day at the Ruitz plant for Plastic Omnium’s shareholders

In a transparent and discovery approach of its business and processes, the Group has organized a private visit for its individual shareholders, on Monday, November 21, 2017.

Mixing table for raw material, injection presses, paint lines, assembly lines for bumpers and tailgates, quality control ….the Ruitz plant holds no more secrets for 20 individual shareholders who have had the privilege to visit Plastic Omnium’s factory on November 21, 2017.

Built in 2016, this plant employs over 360 people, produces 25 000 pieces daily, counts 11 injection presses from 650 T to 3 200 T and 110 injection molds.

The Ruitz plant produces bumpers and tailgates for PSA Group ( DS7), Opel (Grandland X), Renault (Espace, Talisman Estate, Scenic) and Volvo (S60 for example).

« Very instructive », « strong group, enterprising and well armed for the future », stated the visitors. The Group plans to continue its transparence and openness policy by organizing other plant visits in 2018.

Plastic Omnium news Open Day at Ruitz

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Laurent Burelle, CEO of Plastic Omnium, gathered with other members for the annual Hydrogen Council meeting

Hydrogen Council highlights Hydrogen as a key enabler for the energy transition.

Hydrogen, the new energy for the automotive industry

Taking opportunity of COP 23 in Bonn, the 18 members of the Hydrogen Council unveil a McKinsey study quantifying the vision of the role of Hydrogen by 2050. According to this study, hydrogen could potentially power 10 to 15 million cars as of 2030.

“Hydrogen Scaling up”

The study, entitled “Hydrogen scaling up” outlines a comprehensive and quantified roadmap to scale deployment and its enabling impact on the energy transition. Hydrogen could then account for almost one-fifth of total energy consumed by 2050.

 

Read full «Hydrogen Scaling up »Press release

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Plastic Omnium invests in a venture capital fund dedicated to the energy transition and the mobilities of the future

Plastic Omnium is sharpening and diversifying its policy for innovation by deploying groundbreaking solutions and new business models to carry its growth in the mobility of the future.

The Group just invested, as co-sponsor, as part of the €240 million fundraising effort of Astor, a venture capital company specializing in the digital transformation and new industrial models. With this fundraising, Aster will assist the growth of innovative companies working the areas of the energy transition and the mobilities of the future, mainly in Europe and the United States.

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Economic Revenue at September 30, 2017: €5,901 million, sharp growth in Automotive operations: +22.6%

Over the first nine months of the year:
– Sustained growth: +20.7% (+22.6% in the Automotive business); +11.4% at constant scope and exchange rates
– Strong outperformance of 9.1 points in comparison with worldwide automotive production
– Very high growth in all regions

For the 3rd quarter 2017:
– Strong organic growth: +9.6% at constant scope and exchange rates
– Negative currency effect of -€51.7 million< /p>

For 2017 as a whole:
– Strong outperformance in comparison with worldwide automotive production

Investor Day held on December 13, 2017 in Levallois (Paris)

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Living Body

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

To play the video, click here

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Proposed sale of the Environment Division

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

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

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

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

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

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

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 presentation2017 Interim results report

To view the replay of the conference, click here

 
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Disposal of the Truck business

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

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 #

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€500 million 7-year 1.25% bond issue

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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