Report
Anthony Dick ...
  • Michael Foundoukidis

Plastic Omnium : H1 earnings: no muss, no fuss

>H1 earnings above expectations, FY guidance upgraded - Plastic Omnium’s H1 figures published this morning stand largely above expectations (+6% at EBIT level, +28% at net level and FCF >60% above consensus), thus confirming the group’s solid cost/cash management and flexibility in a difficult environment for suppliers in general over the past months (semis, production schedules volatility). Following this strong start to the year, the group also upgraded its FY guida...
Underlying
Plastic Omnium SE

Compagnie Plastic Omnium is a manufacturing and services company which partners with car manufacturers and local communities, through its two core businesses which are Automotive Equipment and Environment. Co.'s activities can be divided into two divisions: the Automotive division and the Environment division. The Automotive division designs, manufactures and sells vehicle body parts (exterior parts and modules) and plastic fuel systems. The Environment division provides products and services for local authorities, including waste pre-collection and management equipment and services, and road and highway signage.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Anthony Dick

Michael Foundoukidis

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