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Compagnie Plastic Omnium SA (PLOF.PA)

PLOF.PA on Paris Stock Exchange

33.60EUR
23 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Compagnie Plastic Omnium invests 300 million dollars in USA
Monday, 6 Mar 2017 12:04pm EST 

Compagnie Plastic Omnium SA : Invests 300 million dollars in USA .Launches construction of 2 extra factories in USA.  Full Article

Compagnie Plastic Omnium FY EBITDA up by 17.2 pct at 810 mln euros
Thursday, 23 Feb 2017 01:00am EST 

Compagnie Plastic Omnium SA : FY operating margin: 558 million euros ($589.0 million) (9.5 pct of consolidated revenue), up by 18.7 pct . FY net profit group share: 312 million euros, up by 20.8 pct . FY EBITDA: 810 million euros (13.8 pct of consolidated revenue), up by 17.2 pct . FY economic revenue: 6,936 million euors, up by 15.9 pct (5,857 million euros consolidated, up by 16.9 pct) .Says looking forward to 2017 with confidence, fully assured of ability to pursue profitable growth strateg.  Full Article

Compagnie Plastic Omnium receives binding offer for certain Faurecia Auto Exterior’s assets
Friday, 23 Dec 2016 02:30am EST 

Compagnie Plastic Omnium SA : Receives a binding offer for the sale of certain Faurecia Auto Exterior's assets concerned by the decision of the European Commission .Binding offer from US-based Flex|N|Gate group to acquire 7 sites for an enterprise value of 200 million euros.  Full Article

Plastic Omnium to dispose of heavy duty truck business
Friday, 18 Nov 2016 02:45am EST 

Compagnie Plastic Omnium SA : Receives on Nov. 18 a binding offer from German Mutares Group for acquisition of its heavyduty truck business . Disposal should be finalized during 2017 . Disposal would have an accretive impact on Group's profitability .Business of design and manufacture of body and structural parts for heavy duty truck industry has more than 1,500 employees.  Full Article

Compagnie Plastic Omnium H1 EBITDA up 10.5 pct at 383 mln euros
Wednesday, 27 Jul 2016 01:00am EDT 

Compagnie Plastic Omnium SA : Reports H1 consolidated revenue of 2.66 billion euros ($2.92 billion), up 7.5 pct . H1 EBITDA is 383 million euros, up 10.5 pct . H1 net income group share is 155 million euros, up 9.5 pct . H1 economic sales total 3.18 billion euros, up 8.0 pct . Says H1 growth of profitability and free cash flow generation to continue over FY 2016 .Says will report pro-forma economic sales about 7.5 billion euros in FY 2016.  Full Article

Sale Faurecia automotive exteriors to Plastic Omnium authorized by EC
Monday, 11 Jul 2016 12:01pm EDT 

Faurecia : Sale of Faurecia automotive exteriors to Plastic Omnium authorized by the European Commission . Closing of deal is due to take place on July 29, 2016 for entire perimeter sold by Faurecia . Enterprise value is 665 million euros ($734.49 million) . Divestiture commitment made by Plastic Omnium has no impact on sale of business by Faurecia or on amount of transaction .This business represents sales of 700 million euros out of total business sold by Faurecia of 1.9 billion euros.  Full Article

Faurecia to divest Faurecia Automotive Exteriors business to Plastic Omnium
Monday, 18 Apr 2016 08:00pm EDT 

Faurecia SA:Signature of definitive agreement for divestiture of Faurecia Automotive Exteriors Business to Compagnie Plastic Omnium.Enterprise value of transaction is 665 million euros.The transaction is due to close during 2016.  Full Article

Compagnie Plastic Omnium wins 3.3 mln euro contract
Thursday, 31 Mar 2016 11:45am EDT 

Compagnie Plastic Omnium SA:Plastic Omnium wins a bid for 225 underground containers in Ghent, Belgium.This contract, worth a total of 3.3 million euros, brings group's market share to 35 pct of all underground containers in Belgium.  Full Article

Compagnie Plastic Omnium invests $650 m‍ln in North America​
Monday, 11 Jan 2016 01:30am EST 

Compagnie Plastic Omnium SA:Invests $650 million to strenghten its growth in North America​.Two new plants are under construction in Mexico.Plant in Leon will begin production in mid-2016 to deliver fuel systems to General Motors and Daimler.San Luis Potosi will deliver from mid-2017 body parts to General Motors and Daimler.  Full Article

Compagnie Plastic Omnium to close Laval factory in 2016
Thursday, 7 Jan 2016 07:00pm EST 

Compagnie Plastic Omnium SA:Intends to close Laval (Mayenne) fuel systems production site in 2016‍​.Intends to transfer fuel systems production to Pfastatt (Haut-Rhin) and Compiegne (Oise).Part of the valves production business to be acquired by local buyer.Says all 93 employees are to be proposed options for reclassification.  Full Article

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BRIEF-Compagnie Plastic Omnium invests 300 million dollars in USA

* Launches construction of 2 extra factories in USA Source text for Eikon: Further company coverage: (Gdynia Newsroom)