Business in the first quarter of 2018: up 2.8%

24-04-2018 Finance

Further improvement in results expected in first semester 2018

Compagnie Plastic Omnium’s economic revenue amounted to €1,942 million in the first quarter of 2018, up 2.8% at constant perimeter and exchange rates.
The Automotive Division posted growth of 3.1%, while worldwide automotive production was down 0.6% over the period.
”As expected, our business outperformed worldwide automotive production by almost 4 points. The second quarter will see much stronger growth. Our results will continue to improve in the first semester and throughout the year.
Meanwhile, we’re stepping up our innovation program and technological developments, geared towards clean and connected mobility.“
Laurent Burelle, Chairman and Chief Executive Officer

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