Q1 2022 Revenues – Solid sales in a disrupted context – Extension of the Group’s portfolio towards lighting and electrification

27-04-2022 1 min Finance

– Resilience of economic sales which amount to € 2,098 million, -2.7% vs. Q1 2021 in a highly disrupted environment
– Outperformance in Europe, the Americas and Asia excluding China
– Expansion into Lighting with the planned acquisition of AMLS, thus securing innovative technologies
– Extension of portfolio in electric mobility:
* Exclusive negotiations for the acquisition of Actia Power, a provider of solutions primarily for heavy electric mobility,
* Industrial partnership with Verkor, a French manufacturer of low-carbon battery cells,
– 2022 financial outlook confirmed

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2022 Q1 confcall presentation

1st Quarter Revenue 2022

26-04-2022 1 min Finance

Q1 2022 revenue will be released on April 27 at 7:00 am (CET) and will be followed by a conference call at 8:00 am (CET) during which Kathleen WANTZ-O’ROURKE, Group Chief Financial and Information Systems Officer, will comment the main developments of the 1st quarter of the year.

The live webcast conference will be available on:
https://channel.royalcast.com/landingpage/plastic-omnium-en/20220427_1/

If you wish to access the conference call, simply dial one of the following numbers:
– France: +33 (0) 1 7037 7166
– UK: +44 (0) 33 0551 0200
– USA: +1 212 999 6659

Then provide the operator with the code: Plastic Omnium

Annual Meeting of Shareholders on April 21, 2022 at 17:00 (CET)

31-03-2022 1 min Finance

Message from Chairman of the Board
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How to attend and vote at the General Meeting?
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To register to the Webcast, please, go to:

https://channel.royalcast.com/plastic-omnium-fr/#!/plastic-omnium-fr/20220421_1

Consult the presentation (only FR

Plastic Omnium accelerates its electric mobility growth strategy

29-03-2022 1 min Finance

Plastic Omnium accelerates its electric mobility growth strategy with its proposed acquisition of ACTIA Power and purchase of an equity stake in Verkor

Plastic Omnium is the world leader in automotive energy storage solutions. It is pursuing its growth strategy in the fast-growing field of electrification by building a comprehensive range of energy management solutions to meet the growing needs of mobility players.
Through the proposed acquisition of ACTIA Power, Plastic Omnium will benefit from a new technological platform and cutting-edge R&D capabilities in electronic component design, and electric power storage and management systems. The investment and industrial partnership with Verkor will enable Plastic Omnium to develop and manufacture electric battery modules for mobility players. This will enable the Group to meet the needs of all electric vehicles: hybrids, plug-in hybrids, battery-powered and fuel cell stack.

Press release:

English French

To listen to the replay of the conference, click here

Plastic Omnium to acquire AMLS Business from AMS OSRAM

25-03-2022 1 min Finance

An important milestone in Plastic Omnium’s strategy to accelerate integration of car body lighting and bolster new design and smart solutions offering.

Plastic Omnium has agreed with AMS OSRAM Group to acquire 100% of AMLS (Automotive Lighting Systems GmbH), a fast-growing German automotive lighting player, for an Enterprise value of €65m. This acquisition represents an important milestone in Plastic Omnium’s smart bumper and tailgate strategy, addressing the lighting market and bringing valuable additional synergies to Plastic Omnium’s exterior body systems division. AMLS offers the technological brick that will provide Plastic Omnium with cutting-edge expertise in lighting technologies, electronics, and software to develop innovative smart lighting solutions for the automotive industry.

Press release:

English French German

Plastic Omnium unveils a new industrial installation to help design intelligent exterior components for the vehicles of tomorrow

21-03-2022 Expertise

On March 21, Plastic Omnium, the world leader in exterior systems, is putting into service a 2,700-tonne dual-compound press at Σ-Sigmatech, its dedicated exterior component research and development center located near Lyon in France.

Plastic Omnium will use the new equipment to work with automotive manufacturers on designing, proposing and approving exterior body components that innovate in terms of their dimensions, aesthetics and integrated functions.

Press release:
French English

Plastic Omnium partners with Schneider Electric to accelerate the execution of its carbon neutrality roadmap

08-03-2022 Act For All

Plastic Omnium, one of the world’s leading automotive suppliers, is a partner of choice for clean mobility players committed to the energy transition, thanks to its key contribution to lighter and low emission vehicles, as well as its expertise in hydrogen mobility.

Committed to achieving carbon neutrality by 2025 in its operations (scopes 1 and 2), the Group has chosen Schneider Electric as a preferred partner for defining its carbon neutrality objectives, executing the corresponding roadmap. These targets have been approved by the Science-based Targets Initiative (SBTi) and aligned with the Business Ambition for 1.5°C.

Press release:
French English

2021 Full-year results

22-02-2022 2 min Finance

Outperformance in key markets amidst volatile market backdrop.
Solid cash generation.
Record order book volumes.

Increased flexibility to absorb the impact of the global semiconductor shortage
• Economic revenue: €8.0 billion, +4.6% on a like-for-like basis
• Operating margin: €303 million, or 4.2% of consolidated revenue, of which 5.2% for Plastic Omnium Industries
• Free cash flow: €251 million versus FY 2021 guidance of > €220 million
• Net result group share: €126 million
• Enhanced liquidity: €2,670 million
• Proposed dividend of €0.28, payout of 32%

Record order book provides strong visibility
– Acceleration in fast-growing segments

Strengthened position in both China and electrification
– Outperformance in China (4.1 points) with a 10.7% increase in revenue driven by battery electric vehicles
– Launch of new division in hydrogen with of a comprehensive offer and fully operational production capacities

Enhanced cost-management and priority on cash flow
– Increased cost flexibility to counter the impact from production stoppages
– Strict monitoring of investments and operational inventories while maintaining the Group’s capacity for innovation

2022 Outlook
– Outperformance relative to global automotive production (based on IHS projection for FY 2022 of -5%)
– Operating margin between 5-6% of revenue
– Free cash flow in excess of €260 million

“In the context of the unprecedented challenges that our industry is facing, we achieved our objectives for the year. This performance reflects the highly effective measures that we took to increase flexibility and reduce costs, the active mobilisation of our teams, and significant commercial outperformance, particularly in Asia and in electrification. We have also continued to invest in hydrogen, enabling us to establish the Group’s position across all mobility sectors.
2021 also marked a crucial milestone in the Group’s journey with the rollout of an ambitious carbon neutrality roadmap that we are now deploying site by site. Whilst the short-term situation continues to present its challenges, our long-term ambitions remain steadfast, and we are well-positioned to continue to gain market share and seize new opportunities in growth areas.”
Laurent Favre, Chief Executive Officer of Compagnie Plastic Omnium SE

Press release

Presentation

2021 consolidated financial statements (only FR)

2021 Annual results (online conference)

10-02-2022 1 min Finance

The 2020 Annual results of Compagnie Plastic Omnium SE will be presented at a Webcast conference on Tuesday, February 22nd, 2022 at 09:00 am (Paris time).

To register to the webcast, please, go to:
https://channel.royalcast.com/landingpage/plastic-omnium-en/20220222_1/

To get access to the teleconference, dial one of the following access numbers:

Language – English:

– France	Tel.: +33 (0)1 70 37 71 66
– Germany	Tel.: +49 (0)30 3001 90612
– Spain	Tel.: +34 91 787 0777
– United Kingdom	Tel.: +44 (0)33 0551 0200
– United States	Tel.: +1 202 204 1514

Then tell the operator the code: Plastic Omnium

EKPO Fuel Cell Technologies receives follow-up order on the development of fuel cell technology for commercial aviation application

02-02-2022 3 min Expertise

Another order from the joint venture of Airbus and ElringKlinger to further develop and deliver fuel cell technology to the aviation sector
Volume including development services and prototypes in the low double-digit million euro range
With its benchmark performance characteristics, EKPO’s NM12 stack technology serves as the baseline platform for the development of bespoke aerospace products

Dettingen/Erms (Germany), February 4th, 2022 +++ EKPO Fuel Cell Technologies GmbH (EKPO), the joint venture between ElringKlinger (60%) and Plastic Omnium (40%), has received another large order from the joint venture of Airbus and Elringklinger.As a follow-up order to the successful cooperation with Airbus to date, this contract confirms EKPO as the main development partner. EKPO will provide development services and manufacture fuel cell stacks optimized for aerospace application. The stacks, based on the NM12 platform, are integrated into the customer’s further development, aiming to use fuel cells power as main propulsion mean for the commercial aerospace sector. Overall, the order represents a volume in the low double-digit million euro range.

Press release:
French English

📷: Airbus ZEROe concept aircraft (© Airbus)

Smart Face 2.0, the new generation of front bumpers by Plastic Omnium awarded the 2021 JANUS label for excellence in Industry

01-02-2022 3 min Expertise

The JANUS de l’Industrie 2021 label rewards industrial products that are designed from the outset to provide real user value.

The jury, made of 14 multidisciplinary experts, rewarded the Group’s design approach, which met the challenge of the “5E”: Economy, Aesthetics, Ergonomics, Ethics, Emotion.

With Smart Face 2.0, Plastic Omnium’s Design Studio is reinventing the traditional bumper for sustainable, connected mobility in a changing industry where ergonomic, technological and environmental challenges are particularly acute.

In line with the challenges of the time, the Smart Face 2.0, Plastic Omnium’s Design Studio has taken up the challenge of product innovation design:
– Integration of demanding technical and aesthetic standards.
– Extreme modularity of a part that meets the customization needs of users.
– Attention to the industrial and ecological efficiency of components.
– Quality approach carried by our Design Studio.

Press kit (French only)

Plastic Omnium announces the appointment of a new member to its Executive Committee

24-01-2022 1 min Group

Marc Perraudin, Chief Executive Officer of Plastic Omnium New Energies, will join the Plastic Omnium Executive Committee as an Associate member.

As of January 1, 2022, the New Energies business will become a new Group Division. This decision was prompted by the significant potential of this market, in which Plastic Omnium is targeting a €3 billion revenue by 2030. Hydrogen mobility is a strategic market for serving our ambition of becoming a major player in carbon-free mobility, firstly for trucks, buses, trains and car fleets, and then for personal cars.

Marc Perraudin, Chief Executive Officer of Plastic Omnium New Energies since March 2020, has a 27 year experience in the Group, in which he held various positions such as R&D Director in 2007, Industrial Director in 2012, then VP Industrial & Engineering and finally VP Programs, Sales, Engineering & Business Development.

Plastic Omnium supplies Lucid with exterior body panels for Lucid Air, the 2022 MotorTrend Car of the Year®

13-01-2022 1 min Expertise

Plastic Omnium provides Lucid with engineering and production services for its first luxury electric sedan, the Lucid Air.

Plastic Omnium’s engineering and production expertise has supported the Silicon Valley-based carmaker in its ambition to design a unique high-end EV for the past five years. Plastic Omnium’s mission was to bring the designs’ intent to life, creating and delivering the Air’s front and rear panels, including fascias, rocker panels and decklid.

Press release:
English French

TotalEnergies and Plastic Omnium Sign a Strategic Partnership to Accelerate Development of Recycled Plastic Materials in the Automotive Industry

08-12-2021 3 min Innovation

Plastic Omnium and TotalEnergies have signed a strategic partnership that will see them join forces to design and develop new plastic materials, made from recycled polypropylene, which meet the demanding aesthetic and safety standards that apply to the automotive industry.

Plastic Omnium and TotalEnergies will pool their innovation and engineering skills to design new types of recycled materials that offer enhanced performance and are better for the environment while providing deliverable responses to the challenges raised by end-of-life plastics. These new materials, containing 20% to 100% recycled materials sourced from industrial and domestic waste streams, have a CO2 impact as much as six times lower than using virgin materials.

Press release:
French English

Watch the interview with Sébastien Bariller, Vice President Polymers – Low Carbon Solutions at TotalEnergies:

Ambitious objectives for Carbon neutrality roadmap

08-12-2021 1 min Act For All

Plastic Omnium commits to carbon neutrality in its scope 1 & 2 emissions by 2025 and a 30% cut in Scope 3 emissions by 2030.

Laurent Favre, CEO of Plastic Omnium, today unveils the Group’s carbon neutrality roadmap: “The climate emergency is a critical challenge to us all, as citizens and as manufacturers. Our ambitious goal of reaching carbon neutrality in 2050 reflects our longstanding commitment to reducing environmental impacts at every stage of our value chain. A commitment that enables us to target carbon neutrality in our scope 1 & 2 activities by 2025 and a 30% cut in Scope 3 emissions by 2030.
Sustainability is central to our DNA, and Plastic Omnium is determined to play a driving role in the shift to green mobility.”

Press release:
French English

Plastic Omnium’s neutrality carbon roadmap – 2021

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