Plastic Omnium : Very convincing results and message
>Q1 2020 much better than expected and excellent communication - Yesterday, Plastic Omnium reported Q1 2020 sales that were only down very slightly (-2%) thereby outperforming automotive production (-24%) by over 20 points, turning in a showing that was much better than expected by consensus (10 points). Nevertheless, the focus was, unsurprisingly, on questions of cash and the group’s outlook in the current environment. On these two subjects, we found management very ...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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