Plastic Omnium : Q1 2021 revenues in line, unsurprisingly weaker than peers
>Q1 2021 revenues up 2.2% organic, underperformance of > 10 pts - Plastic Omnium this morning released Q1 2021 consolidated revenues broadly in line with expectations at € 1,985m (vs consensus at € 1,999m and ODDO BHF at € 1,962m), down 2.2% at the reported level and up 1.5% at the organic level (up 4.8% organically including JVs). Looking at outperformance, it means that Plastic Omnium underperformed LVP by more than 10 pts over the quarter (with POM showing Q1 LVP a...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.
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.
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