Company Plastic Omnium’s consolidated revenue rose by 36.1% to €977.8 million in the three months that ended 31 March 2011.
In 2010, Company Plastic Omnium stepped up the deployment of its profitable, independent growth strategy in its two core businesses – Automotive and Environment – both of which hold worldwide leadership positions.
In a press release dated February 3, 2011, the Scientific Council of the indices of NYSE Euronext announced that Company Plastic Omnium reinstate the SBF 120 index from March 21, 2011.
Company Plastic Omnium expanded the scope of its operations in 2010 with consolidated revenue of €3.25 billion, up 32% as reported, and 21% at constant scope of consolidation.
The Board of Directors of Company Plastic Omnium has named two new members – Anne-Marie Couderc, Chief Executive Officer of Presstalis, and Anne Asensio, Vice President, Design Experience at Dassault Systèmes.
On 8 September 2010, Plastic Omnium increased its holding in Inergy Automotive Systems to 100% with the purchase of Solvay’s 50% stake in the company for €270 million.
The Board of Directors of Compagnie Plastic Omnium met on 20 July 2010 under the chairmanship of Laurent Burelle to approve the consolidated accounts for the six months ended 30 June 2010.
Consolidated revenue amounted to €709.8 million for the first three months of 2010, an increase of 43.4% as reported and of 44.3% at comparable scope of consolidation and exchange rates.
Introduced by Compagnie Plastic Omnium in March 2008, the PO 2009 cost-reduction plan helped to lower costs by 19%, generating savings of €200 million.
For the year ended 31 December 2009, Compagnie Plastic Omnium’s consolidated revenue totaled €2,458.6 million, compared with €2,696.5 million in 2008.