Plastic Omnium : Still on course, waiting for a more favourable momentum
>A reassuring recent after the recent concerns on the segment - We believe the positive share price reaction yesterday has reflected the auto supplier’s reassuring release following last months concerns (downward revision to the financial targets in view of the deterioration in the environment at the Q3 stage) and, more recent, after the cautious outlooks/comments from most European and US peers. As is often the case, this, conjugated with the 2024 outlook in line wit...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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