Plastic Omnium : Still on course, waiting for momentum to improve
>Challenging H2 but FCF focus intact, 2022 downgrades likely limited - The annual earnings release provided confirmation that while the supplier, like its peers, had suffered significantly from the challenging environment in H2 (stop and go, inflation), cash management was still very much a priority for the group with a performance on this point that was (much) more solid than on the margin (and stronger than peers). Otherwise, the 2022 outlook reflects, as expected,...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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