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Compagnie Plastic Omnium SA (PLOF.PA)

PLOF.PA on Paris Stock Exchange

25.62EUR
20 Sep 2019
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Latest Key Developments (Source: Significant Developments)

Plastic Omnium Cuts FY Operating Margin Target As Automotive Market Declines
Friday, 19 Jul 2019 

July 19 (Reuters) - Compagnie Plastic Omnium Sa ::1ST HALF-YEAR RESULTS:21% GROWTH IN REVENUE.H1 GROUP REVENUE STOOD AT €4,611 MILLION, GROWING 20.7% AT THE NEW GROUP SCOPE..H1 OPERATING MARGIN REACHED €281 MILLION (6.6% OF REVENUE), VERSUS €324 MILLION YEAR AGO.H1 ECONOMIC REVENUE EUR 4.61 BILLION VERSUS EUR 3.82 BILLION YEAR AGO.H1 CONSOLIDATED SALES EUR 4.27 BILLION VERSUS EUR 3.19 BILLION YEAR AGO.H1 EBITDA EUR 511.0 MILLION VERSUS EUR 457.0 MILLION YEAR AGO.H1 NET PROFIT GROUP SHARE EUR 155 MILLION VERSUS EUR 230 MILLION YEAR AGO.IN EXPECTATION OF AN ESTIMATED 4.5% DROP IN WORLDWIDE AUTOMOTIVE PRODUCTION FOR FULL-YEAR 2019.CONFIRMS FY OUTPERFORMANCE OF ITS BUSINESSES OF AT LEAST 5 POINTS VERSUS WORLDWIDE AUTOMOTIVE PRODUCTION.SEES FY FREE CASH-FLOW GENERATION OF AROUND €200 MILLION.SEES FY OPERATING INCOME TO DECREASE SLIGHTLY COMPARED TO €610 MILLION ACHIEVED IN 2018.2019 EBITDA WILL SHOW AN INCREASE COMPARED TO 2018 EBITDA.GROUP DOES NOT EXPECT A REBOUND IN WORLDWIDE AUTOMOTIVE PRODUCTION IN 2020 OR 2021.COFIRMS 2020 AND 2021 OUTPERFORMANCE OF ITS BUSINESSES OF AROUND 5 POINTS VERSUS MARKET.COFIRMS 2020 AND 2021 ANNUAL FREE CASH-FLOW GREATER THAN €200 MILLION.  Full Article

Plastic Omnium's Q1 revenues rise, expects decline in worldwide auto production
Tuesday, 23 Apr 2019 

April 23 (Reuters) - Compagnie Plastic Omnium Sa ::Q1 2019 REVENUE: WORLDWIDE AUTOMOTIVE PRODUCTION OUTPERFORMED BY 6.5 POINTS.OUR TEAMS ARE READY TO FACE WORLDWIDE AUTOMOTIVE PRODUCTION NOW EXPECTED TO DECLINE FOR WHOLE OF 2019.PLASTIC OMNIUM'S ECONOMIC REVENUE AMOUNTED TO €2,236 MILLION IN Q1 2019, UP BY 20%.  Full Article

Compagnie Plastic Omnium FY Economic Revenue Up At 8.24 Billion Euros
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - COMPAGNIE PLASTIC OMNIUM SA ::FY ECONOMIC REVENUE EUR 8.24 BILLION VERSUS EUR 7.67 BILLION YEAR AGO.FY EBITDA EUR 918.2 MILLION VERSUS EUR 892.4 MILLION YEAR AGO.FY NET INCOME GROUP SHARE EUR 533.3 MILLION VERSUS EUR 425.2 MILLION YEAR AGO.PROFITABLE GROWTH AND SIGNIFICANT FREE CASH FLOW CONFIRMED FOR 2019.PROPOSES DIVIDEND OF EUR 0.74 PER SHARE.SEES FOR 2019 GLOBAL AUTOMOTIVE PRODUCTION TO OUTPERFORM BY 5 POINTS.SEES FOR 2019 CASH GENERATION OF AT LEAST EUR 200 MILLION AFTER INVESTMENTS TAKEN TO 6% OF CONS GROUP REVENUE.SEES FOR 2019 OPERATING MARGIN TO INCREASE IN VALUE.  Full Article

Compagnie Plastic Omnium To Yearly Outperform Global Automobile Production By 5 Pts On Average In 2019-21
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - COMPAGNIE PLASTIC OMNIUM SA ::AUTOS MARKET SAW DECLINE IN H2 WITH PREDICTED DECLINE OF -3.2PCT, BRINGING FY DECLINE TO -0.5%.CONFIRMS 2018 OBJECTIVES.SEES INVESTMENT ENVELOPE IN 2019-21 OF C. 6% OF CONSOL GROUP REVENUE.90% OF ORDER BOOK SECURED BY 2021.SAYS WILL OUTPERFORM BY 5 POINTS ON AVERAGE PER YEAR GLOBAL AUTOMOBILE PRODUCTION IN 2019-21.TARGETS 19% BUMPER MARKET SHARE IN 2021; 25% OF PLASTIC FUEL SYSTEMS; 18% IN FRONT END MODULES.SEES IN 2019-21 GROUP OPERATING RESULT TO BE GROWING CONTINUOUSLY.SAYS TO GENERATE IN 2019-21 AT LEAST EUR 200 MILLION IN FCF PER YEAR.  Full Article

Compagnie Plastic Omnium And Brose Partner On Side-Door Systems
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - COMPAGNIE PLASTIC OMNIUM SA ::PLASTIC OMNIUM AND BROSE PARTNER ON INNOVATIVE SIDE-DOOR SYSTEMS.  Full Article

Burelle Q3 Revenue Up At 2.04 Billion Euros
Monday, 29 Oct 2018 

Oct 29 (Reuters) - BURELLE SA ::FOR COMPAGNIE PLASTIC OMNIUM <<>> SEES 2018 OPERATING INCOME COMPARABLE TO THAT FROM 2017 .FOR COMPAGNIE PLASTIC OMNIUM SEES TRIPLE-DIGIT FCF IN 2018 .FOR COMPAGNIE PLASTIC OMNIUM IN 2018 SEES OPERATING INCOME COMPARABLE TO THAT OF 2017 .FOR COMPAGNIE PLASTIC OMNIUM SEES ECONOMIC REVENUE GROWTH OF AT LEAST 5 PERCENT IN 2018 .Q3 REVENUE EUR 2.04 BILLION VERSUS EUR 1.76 BILLION RESTATED IFRS 5 YEAR AGO.SEES STRONG PROGRESS OF NET INCOME GROUP SHARE IN 2018.  Full Article

Compagnie Plastic Omnium 9 Month Revenue Up At 5.89 Billion Euros
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - COMPAGNIE PLASTIC OMNIUM SA ::REVENUE AT SEPTEMBER 30, 2018: €5,858 MILLION, +3.6%.FORECASTS FOR 2018: GROWTH IN REVENUE OF AT LEAST 5% (IE PROFORMA REVENUE OF AROUND €8.9 BILLION EUROS).FORECASTS FOR 2018: A 2018 OPERATING RESULT COMPARABLE TO THAT OF 2017.FORECASTS FOR 2018: A SHARP INCREASE IN NET RESULT GROUP SHARE FOLLOWING SCOPE EFFECTS;.SEES FOR 2018 TRIPLE-DIGIT FREE CASH-FLOW.9MTH ECONOMIC REVENUE OF COMPAGNIE PLASTIC OMNIUM TOTALED €5,858.5 MILLION, INCREASE OF 3.6%.  Full Article

Compagnie Plastic Omnium H1 Net Income Up 9.4 Pct At 230.1 Million Euros
Friday, 20 Jul 2018 

July 20 (Reuters) - COMPAGNIE PLASTIC OMNIUM SA ::H1 NET INCOME: 230.1 MILLION EUROS, GROWTH OF 9.4%.OUTLOOK 2018: REVENUE AND FULL-YEAR RESULTS FOR 2018 EXPECTED TO GROW.H1 FREE CASH FLOW: 109 MILLION EUROS AFTER INVESTMENTS AMOUNTING TO 271 MILLION EUROS.H1 REVENUE: 3,820.9 MILLION EUROS, GROWTH OF 4.8% LIKE-FOR-LIKE (EXCHANGE RATE AND SCOPE).IN 2018 WORLDWIDE AUTOMOTIVE PRODUCTION IS EXPECTED TO GROW BY AROUND 2%..H1 OPERATING MARGIN: 323.8 MILLION EUROS, OR 10.2% OF REVENUE VERSUS 9.5% (PROFORMA FIRST-HALF 2017).H1 EBITDA EUR 457.0 MILLION VERSUS EUR 468.6 MILLION (PUBLISHED) YEAR AGO.IN 2018 PLASTIC OMNIUM WILL POST GROWTH IN REVENUE TO REACH AROUND 9 BILLION EUROS IN PROFORMA FIGURES..IN 2018 WILL BE PURSUING INVESTMENT PROGRAM WITH SOME 600 MILLION EUROS INVESTED IN 2018 WHILST CLEARING THREE-DIGIT FREE CASH-FLOW.TO PRESENT NEW STRATECIC PLAN ON DEC 13, 2018.  Full Article

Compagnie Plastic Omnium Proposes Sale Of Environment Business
Thursday, 19 Jul 2018 

July 19 (Reuters) - Compagnie Plastic Omnium Sa ::PROPOSED SALE OF ENVIRONMENT BUSINESS.SIGNED A PUT OPTION WITH THE CONSORTIUM MADE UP OF LATOUR CAPITAL AND BPIFRANCE FOR SALE OF ITS SUBSIDIARY PLASTIC OMNIUM ENVIRONMENT BV.CLOSING OF THIS OPERATION IS EXPECTED BY THE END OF 2018.DISPOSAL PROJECT WILL BE SUBJECT TO THE PROCEDURES INVOLVING EMPLOYEE REPRESENTATIVES IN THE COUNTRIES CONCERNED AND MUST BE SUBMITTED TO THE RELEVANT COMPETITION AUTHORITIES.  Full Article

Plastic Omnium Finalizes Its Reinforced Stake In HBPO
Tuesday, 26 Jun 2018 

June 26 (Reuters) - COMPAGNIE PLASTIC OMNIUM SA ::PLASTIC OMNIUM FINALIZES ITS REINFORCED STAKE IN HBPO.PLASTIC OMNIUM NOW OWNS 66.66% OF HBPO.ACQUISITION SIGNED FOR AN ENTERPRISE VALUE OF €350M, FINANCED FROM GROUP'S OWN RESOURCES.  Full Article