Plastic Omnium : Obvious strengths
>A marked outperformance in Q3 (+12 points) - This morning, Plastic Omnium published Q3 sales (€ 2,088m, +9% on an organic basis) that contained no major surprises, whilst preliminary figures were published last week at the time of the profit warning. In the context of persistently difficult automobile production (-3.4%), the supplier has thus delivered a significant outperformance (+12 points, +9 points for 9M), boosting its growth story, which is set to last out to ...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.
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