The Board of Directors of Compagnie Plastic Omnium, representing 0.74% of the share capital of the company. This operation was completed today. As a result of this operation, the share capital of Compagnie Plastic Omnium is reduced from 150,976,720 ordinary shares to 149,866,107 ordinary shares with a value of € 0.06, ie. an amount of… Continue reading SHARE CAPITAL REDUCTION OF 0.74% THROUGH THE CANCELLATION OF TREASURY STOCK
Author: Plastic Omnium Official News
First-half 2018: Further improvement in results
Major strategic advancesProposed disposal of the business environment Plastic Omnium, an innovative company employing more than 3,200 engineers in 24 R & D centers worldwide, dedicates 6.4% of revenue to Research & Development, supplemented by a further 1.5% on investment in technologies. Over the next two years, the Group will allocate 1.2 billion euros in… Continue reading First-half 2018: Further improvement in results
Proposed sale of the business environment
On July 19, 2018, Compagnie Plastic Omnium signed with the consortium made up of Latour Capital and Bpifrance (Public Investment Bank) for the sale of its subsidiary Plastic Omnium Environment BV. The closing of this operation is expected by the end of 2018. The Environment business – which is Plastic Omnium’s founding business – is… Continue reading Proposed sale of the business environment
Plastic Omnium finalizes its reinforced stake in HBPO, world leader in front-end modules
The German Group, Mahle’s 33.33% equity investment in the joint venture, HBPO, up to now held by Plastic Omnium, Hella and Mahle-Behr. Plastic Omnium now owns 66.66% of HBPO.This acquisition was signed for an enterprise value of € 350M, financed by the Group’s own resources.HBPO is the world leader in the development, assembly and logistics… Continue reading Plastic Omnium finalizes its reinforced stake in HBPO, world leader in front-end modules
Business in the first quarter of 2018: up 2.8%
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. expected, our business outperformed worldwide… Continue reading Business in the first quarter of 2018: up 2.8%
Plastic Omnium is strengthening its position as world leader in front-end modules
On March 1st, 2018, Compagnie Plastic Omnium signed an agreement with the German group Mahle to acquire its 33.33% shareholding in the HBPO joint venture, up to then held by Plastic Omnium, Hella and Mahle-Behr.This acquisition was made at an Enterprise value of € 350 million and will be financed by the group’s own resources.After… Continue reading Plastic Omnium is strengthening its position as world leader in front-end modules
Novelty
The Group launches the “Plastic Omnium” application available on smartphones and tablets. The Group is launching a PLASTIC OMNIUM application that provides smartphone and tablet users with real-time access to the Group’s financial news. It gathers useful regulated information such as the stock market price, the financial calendar, press releases, publications, as well as shareholder… Continue reading Novelty
2017 Results commented by Jean-Michel Szczerba, Co-Chief Executive Officer, Plastic Omnium (Only FR)
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2017: Strong growth and record results
Plastic Omnium once again achieved a record year.In 2017, we outperformed the global automotive market by nine points and posted growth across all operating regions. We successfully consolidated the businesses in 2016 and continued to improve our industrial performance.With our financial strength and confidence in our capacity to continue to develop our business and increase… Continue reading 2017: Strong growth and record results
Two strategic acquisitions in the hydrogen field
Plastic Omnium renforce son positionnement comme acteur de la propulsion électrique avec l’acquisition des entreprises Swiss Hydrogen et Optimum CPV. Après la création de la société israélienne Ξ PO-CellTech en 2016 dans le domaine des piles à combustible et l’entrée du Groupe au comité de pilotage de l’ « Hydrogen Council », deux acquisitions viennent… Continue reading Two strategic acquisitions in the hydrogen field