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.

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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.

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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.

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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.

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