DOCSLIB.ORG

2021 Half-Year Results

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
2021 Half-Year Results 2021 HALF-YEAR RESULTS July 21st, 2021 Laurent Favre, CEO Félicie Burelle, Managing Director Adeline Mickeler, EVP Corporate Finance 2021 HALF YEAR RESULTS - July 21st, 2021 Confidential Key Messages Solid H1 results despite a volatile and fragmented market, impacted by chip shortages Improved operational performance and cash generation allows an upgrade of FY 2021 guidance Acceleration of Group’s transformation towards sustainable mobility led by a renewed Executive Committee 2021 HALF YEAR RESULTS - July 21st, 2021 Confidential 2 An increasing impact of chip shortages affecting a regionalized recovery Worldwide automotive production far from its pre-crisis levels H1 2021 chip shortages impact: (in million vehicles) Q1 2021: -1.4m vehicles lost Q2 2021: -2.6m vehicles lost 46 43.6 4445 42.4 42.4 4243 4041 37.9 Q2 production: -9% vs. Q1 production 3839 -11% 3637 3435 3233 3031 29.3 2829 2627 Excluding shortages, significant 2425 2223 2021 discrepancies in the recovery per region 1819 1617 1415 1213 China & North America 1011 89 close to 2019 levels 67 45 23 01 Europe & rest of Asia 2019 2020 2021 still below 2019 levels (-10%) Source: IHS July 2021 2021 HALF YEAR RESULTS - July 21st, 2021 Confidential 3 Solid operating performance despite a challenging environment ANTICIPATION AND AGILITY INCREASED OPERATING MARGIN Economic sales PO assumption: Chip shortages 5% discount to 2021 Auto Production impact: -8% -12% Maximum flexibility to face 4,499 (-€550m) stops and starts in production 4,138 H2 2020 H1 2021 Efficient cost reduction programs Operating margin rationalization + Omega 5.7% 6.2% Greer operations breakeven 234 234 H2 2020 H1 2021 2021 HALF YEAR RESULTS - July 21st, 2021 Confidential 4 Reinforced Financial profile Controlled Managed High investments: WCR: liquidity: Inventories : €149m €2.45Bn 3.9% of sales +€100m Installed available FCF: Net debt/ capacity supporting EBITDA: further growth €151m 4.0% of sales 0.9 2021 HALF YEAR RESULTS - July 21st, 2021 Confidential 5 Solid H1 results allows an upgrade of FY 2021 guidance ACTUAL H1 2021 UPGRADED FY 2021 GUIDANCE * ECONOMIC SALES +31.9%** Strong Growth 6.2% > 6% of sales OPERATING MARGIN of sales (previously 6%) >> €220m FREE CASH-FLOW €151m (previously > €220m) (*) based on a global automotive production of 77 million vehicles in 2021 **On a like-for-like basis 2021 HALF YEAR RESULTS - July 21st, 2021 Confidential 6 HIGHLIGHTS H1 2021 Acceleration on our strategic priorities 2021 HALF YEAR RESULTSRESULTS - July 21st, 2021 Confidential 7 Acceleration on our strategic priorities INNOVATION OPERATIONAL SUSTAINABILITY EXCELLENCE 2021 HALF YEAR RESULTS - July 21st, 2021 Confidential 8 First Strategic Pillar: Operational Excellence INNOVATION Customers Renewable energies Plants Recycled materials Omega program Carbon neutrality Hydrogen development New modules Body panel OPERATIONAL SUSTAINABILITY EXCELLENCE 2021 HALF YEAR RESULTS - July 21st, 2021 Confidential 9 Operational Excellence: 88 successful launches in H1 2021 AMERICAS EUROPE ASIA LAUNCHES 21 25 42 GM Buick Envision Plus MAJOR LAUNCHES Chevrolet Equinox Audi Q4 e-tron Roewe RX5 Max, i5 Chrysler Pacifica/Voyager Opel Mokka, Peugeot 308, VW Passat, Tiguan, Octavia PER REGION Nissan QX60/Pathfinder Seat Arona 2021 HALF YEAR RESULTS - July 21st, 2021 Confidential 10 Operational Excellence: Acceleration of BEV’s order intake Ford Volkswagen Daimler Renault 5 New EV SUV ID-buzz EV combi CLA/CLA EV Echo EV Front/Rear bumpers Display modules, Front/Rear Bumpers, Front/Rear Bumpers Rollo shutter Front-end modules Daimler 100% General Motors Audi A-Class/A-Class EV EV player New EV SUV EV Q4 e-tron Front/Rear Bumpers, Front-end modules Front/Rear bumpers Active grille shutters Front-End Modules 2021 HALF YEAR RESULTS - July 21st, 2021 Confidential 11 Operational Excellence: New customers gained . BEV crossover jointly developed with GM in North America . Honda Prologue, bumpers produced in Mexico . VW Anhui, first dedicated NEV joint venture in China . Bumpers for the first model Tavascan . Geely subsidiary developing EV brand . Air Grille Shutters for the Lambda and Alpha models in China . PO becomes Mitsubishi’s preferred partner for the OEM’s substitution from metal to plastic fuel systems . 1st contract for the Triton (Thailand) 2021 HALF YEAR RESULTS - July 21st, 2021 Confidential 12 Operational Excellence: New plant in China 33rd plant in China New plant in LinGang, Shanghai region, for a BEV manufacturer Annual production capacity up to 1 million exterior parts and systems SOP in 2022 Sustainable plant: photovoltaics/energy storage, natural gas thermal power, wastewater treatment stations 2021 HALF YEAR RESULTS - July 21st, 2021 Confidential 13 Operational Excellence: Omega transformation plan on track INDIRECT PURCHASING A team of 400 people COMPANY DESIGN 2,500 initiatives OF CHOICE & DEVELOPMENT . Best cost countries sourcing, DIGITALIZATION including sustainability constraints CARBON-NEUTRAL ORGANIZATION . Regional synergies STRATEGY DESIGN €200m of savings confirmed INDUSTRY 4.0 – o/w 50% in 2021, on track OBJECTIVES LEVERAGING DIGITALIZATION SIMPLIFYING OUR PROCESSES CHALLENGING OUR ORGANIZATION to become more agile to increase our performance to achieve our cross-fertilization potential 2021 HALF YEAR RESULTS - July 21st, 2021 Confidential 14 Second Strategic Pillar: Innovation INNOVATION Customers Renewable energies Plants Recycled materials Omega program Carbon neutrality Hydrogen development New modules Body panel OPERATIONAL SUSTAINABILITY EXCELLENCE 2021 HALF YEAR RESULTS - July 21st, 2021 Confidential 15 Innovation: Hydrogen, a comprehensive offer for High Pressure Storage Systems High Pressure Vessels Systems SYSTEM INTEGRATION 30% lighter than steel vessels Neck or strap mounting, valves, Hydrogen and CNG applications piping, control and diagnostic, state of health, safety management Tailored vessel dimensioning to the vehicle from 350 to 700 bars TYPE IV VESSELS Thermoplastic liner Floor Module Composite filament winding Certified R134 and EC79 Unique packaging dimension HPV* system Tank system using a tubular assembly compatible with the battery pack space COMPOSICAD Cost efficient by using less fibers Proprietary design software Optimized industrialization of electric platforms for filament winding * High Pressure Vessel 2021 HALF YEAR RESULTSRESULTS - July 21st, 2021 Confidential 16 Innovation: Hydrogen, addressing the mobility market with Fuel Cell Systems Suitable for passenger cars and LCV FCM - NM5 (up to 60 kW) Launch on Simplified system with integrated functions (DC/DC) March 1st, 2021 Robust components and stack design (Elringklinger 60%, Plastic Omnium 40%) Long service life and low degradation FUEL CELL STACK Bipolar Plate, Stack Module, Media module Bus & Trucks applications FCM - NM12 (80 to 200 kW) BALANCE OF PLANT (BOP) Full system design and integration capabilities Thermal, Hydraulic, Electronics Black box approach for easy application integration High power density, lightweight, compact stack design 2021 HALF YEAR RESULTSRESULTS - July 21st, 2021 Confidential 17 Innovation: Paving the way to €0.3bn hydrogen sales in 2025 and €3bn in 2030 . Technological partnership with . Maximize the performance of the filling interface between H2 stations & vessels . Development of joint commercial products & solutions starting from the needs analysis phase . Partnership with to develop the hydrogen storage system of the Māchina, high-end vehicle to hit the market in 2026 . Prototype of high pressure hydrogen vessel to achieve 1,000 km range . Strong commercial pipeline – ongoing activities with all major OEMs & mobility players (trucks, bus, trains) 2021 HALF YEAR RESULTS - July 21st, 2021 Confidential 18 Innovation: Paving the way to €0.3bn hydrogen sales in 2025 and €3bn in 2030 . Fuel cell stacks for GCK high power Fuel Cell system . First outing in the 2023 Dakar Rally . Adapted to a broad range of industrial applications . High-volume series production contract for fuel cell stacks with AE Driven Solutions – H2 vehicules for inner city transport . Fuel cell systems to equip hydrogen-powered truck of EFA-S . Ambition of more than 100 H2 vehicles by 2023 2021 HALF YEAR RESULTS - July 21st, 2021 Confidential 19 Innovation: increase in content on electrified vehicle LID module A Lid (painted) B Actuator Today only existing as single components Movement C delivered to OEM. sensor (open lid) Potential to develop LED charging a module D indicator Market for LID module: Charging box E PHEV and Electric frame Vehicules in Premium segment F Control unit G Wire harness 2021 HALF YEAR RESULTS - July 21st, 2021 Confidential 20 Innovation: increase in content on BEVs Frunk module Torsional ring A (crash, NVH…) B Frunk tray Charging cable, Today existing as C spring-driven reel “simple“ plastic tray, potential to integrate D Charging plug multiple functions and add value Cooling box E or refrigerator Fixation of cooling F fluid bottle… Compartment for G warning triangle, repair kid… 2021 HALF YEAR RESULTS - July 21st, 2021 Confidential 21 Innovation: increase in content on connected cars Body panel functionalized with 4D imaging radar Body panel functionalization Use of bumper’s surface as a giant radar Co-design body panel / sensor for enhanced aperture for enhanced performances performances (resolution, field of view, wave transparency, algorithm tuning, etc.). Unmatched radar performances Far better than conventional radars, tending toward lidar’s performances. Architectures simplification Replacement
Load more

Recommended publications
  • SAIC MOTOR CORPORATION LIMITED Annual Report 2016
    SAIC MOTOR ANNUAL REPORT 2016 Company Code：600104 Abbreviation of Company: SAIC SAIC MOTOR CORPORATION LIMITED Annual Report 2016 Important Note 1. Board of directors (the "Board"), board of supervisors, directors, supervisors and senior management of the Company certify that this report does not contain any false or misleading statements or material omissions and are jointly and severally liable for the authenticity, accuracy and integrity of the content. 2. All directors attended Board meetings. 3. Deloitte Touche Tohmatsu Certified Public Accountants LLP issued standard unqualified audit report for the Company. 4. Mr. Chen Hong, Chairman of the Board, Mr. Wei Yong, the chief financial officer, and Ms. Gu Xiao Qiong. Head of Accounting Department, certify the authenticity, accuracy and integrity of the financial statements contained in the annual report of the current year. 5. Plan of profit distribution or capital reserve capitalization approved by the Board The Company plans to distribute cash dividends of RMB 16.50 (inclusive of tax) per 10 shares, amounting to RMB 19,277,711,252.25 in total based on total shares of 11,683,461,365. The Company has no plan of capitalization of capital reserve this year. The cash dividend distribution for the recent three years accumulates to RMB48,605,718,485.39 in total (including the year of 2016). 6. Risk statement of forward-looking description √Applicable □N/A The forward-looking description on future plan and development strategy in this report does not constitute substantive commitment to investors. Please note the investment risk. 7. Does the situation exist where the controlling shareholders and their related parties occupy the funds of the Company for non-operational use? No.
    [Show full text]
  • Shareholders
    LETTER TO OUR SHAREHOLDERS SEPTEMBER 2016 P.3 P.4 P.6 P.8 PERFORMANCE HIGHLIGHTS DECIPHERING SHAREHOLDER THE DATA INFORMATION P.4 P. 5 In the first half of 2016, our revenue of €3.2 billion was up by 11%, and our profitability was growing even faster, with an operating margin up by nearly 13%. LAURENT BURELLE CHAIRMAN AND CHIEF EXECUTIVE OFFICER P. 2 P. 6 MESSAGE from the Chairman and Chief Executive Officer You can find the presentation of the 2016 half-year results at www.plasticomnium.com €3.2 billion revenue +8% €267 million operating margin +12.7% TO OUR SHAREHOLDERS, During the first half of 2016, Plastic Omnium once again Such performance is €155 million achieved a record level of proof of the continuous net profit, revenue and results. Our revenue commitment of of €3.2 billion was up by 11%, Group share and our profitability was growing our employees to even faster, with an operating margin operational excellence. up by nearly 13%. For the first time, +9.5% our operating margin exceeded the historic level of 10%. LAURENT BURELLE At the same time, our net debt Chairman and has been even further reduced. Chief Executive Officer €383 million Such performance is proof of EBITDA the continued commitment of our employees to operational It is this extremely healthy financial excellence – total quality position which has made it possible +10.5% in development and production, for us to seize an opportunity and perfect logistics. for sizeable external growth, with This operational excellence, the acquisition of Faurecia’s Exterior together with a policy of sustained Systems, carried out on July 29.
    [Show full text]
  • 2017 Passenger Vehicles Actual and Reported Fuel Consumption: a Gap Analysis
    2017 Passenger Vehicles Actual and Reported Fuel Consumption: A Gap Analysis Innovation Center for Energy and Transportation December 2017 1 Acknowledgements We wish to thank the Energy Foundation for providing us with the financial support required for the execution of this report and subsequent research work. We would also like to express our sincere thanks for the valuable advice and recommendations provided by distinguished industry experts and colleagues—Jin Yuefu, Li Mengliang, Guo Qianli,. Meng Qingkuo, Ma Dong, Yang Zifei, Xin Yan and Gong Huiming. Authors Lanzhi Qin, Maya Ben Dror, Hongbo Sun, Liping Kang, Feng An Disclosure The report does not represent the views of its funders nor supporters. The Innovation Center for Energy and Transportation (iCET) Beijing Fortune Plaza Tower A Suite 27H No.7 DongSanHuan Middle Rd., Chaoyang District, Beijing 10020 Phone: 0086.10.6585.7324 Email: [email protected] Website: www.icet.org.cn 2 Glossary of Terms LDV Light Duty Vehicles; Vehicles of M1, M2 and N1 category not exceeding 3,500kg curb-weight. Category M1 Vehicles designed and constructed for the carriage of passengers comprising no more than eight seats in addition to the driver's seat. Category M2 Vehicles designed and constructed for the carriage of passengers, comprising more than eight seats in addition to the driver's seat, and having a maximum mass not exceeding 5 tons. Category N1 Vehicles designed and constructed for the carriage of goods and having a maximum mass not exceeding 3.5 tons. Real-world FC FC values calculated based on BearOil app user data input.
    [Show full text]
  • Plastic Omnium's Manufacturing Businesses
    Levallois, January 2, 2020, * Two new President & CEOs to lead Plastic Omnium's manufacturing businesses On January 1, 2020, Stéphane Noël has been appointed President and CEO of Intelligent Exterior Systems, and Christian Kopp has also been appointed President and CEO of Clean Energy Systems. The Intelligent Exterior Systems business, which generates revenue of approximately €4 billion, is the global leader in exterior systems. The Clean Energy Systems business, the world leader in storage and pollution reduction solutions, takes in around €3 billion in revenue. Stéphane Noël, 49, started his career at Hutchinson, working in quality and operations, and later became a subsidiary CEO in Asia. He joined Plastic Omnium in 2012 as President and CEO for Asia for the Clean Energy Systems business. In October 2017 he took on the role of President and CEO of Clean Energy Systems. Stéphane Noël graduated from Polytech Angers and holds a Master's degree from the EM LYON business school. Christian Kopp is now taking the helm of Clean Energy Systems. Christian Kopp, 53, came to Plastic Omnium in 2007 after starting his career at Thomson CSF and Valeo. He held several positions in the Intelligent Exterior Systems business in the areas of programs, sales and business development, before becoming CEO of the Chinese joint venture YFPO. Most recently, he served as president and CEO of the Asia region for Clean Energy Systems. Christian Kopp graduated from MINES Paris Tech and earned a Master's degree at Stanford University. Plastic Omnium Chairman Laurent Burelle and CEO Laurent Favre said, "We congratulate Stéphane Noël and Christian Kopp on their promotions.
    [Show full text]
  • SRG Global Overview
    Company OVERVIEW 2021 Confidential. Disclosure or duplication without SRG Global consent is prohibited. 1 We are Many industries. Countless products. One focus... improving people’s lives. As a subsidiary of Guardian Industries (a wholly owned subsidiary of Koch Industries, Inc.), SRG Global belongs to one of the largest privately held organizations in America. Koch Industries’ companies Koch Industries acquired Guardian Industries merged its span the spectrum from leading Guardian Industries in 2017. automotive business with another edge high-techs to the rugged Guardian companies develop trim supplier in 2009 to create Combined, we have more than world of ranching. products and solutions that improve SRG Global, a Tier 1 in the 130,000 EMPLOYEES worldwide with people’s lives, from innovative automotive industry focused on automotive solutions to commercial creating functional aesthetics for a presence in about 70 COUNTRIES. and residential glass. the road ahead. Confidential. Disclosure or duplication without SRG Global consent is prohibited. 2 Our Business Philosophy 8 PRINCIPLES ONE PROVEN1 APPROACH. Market-Based Management® is a way for organizations to succeed by helping others improve their lives. It is the business philosophy and framework that we apply to innovate, improve and transform ourselves in order to create greater value and find fulfillment. Confidential. Disclosure or duplication without SRG Global consent is prohibited. 3 5,300+ Global presence EMPLOYEES CREATING VALUE EVERY DAY 3 1 1 1 1 2 P NA AP 3 3 3 8 EU 8 JV 12 MANUFACTURING FACILITY RESEARCH & DEVELOPMENT 19 geographic locations | 8 countries CENTER TECHNICAL COMMERCIAL OFFICE JV P ASIA ASIA = Partnership P NORTH PACIFIC JV EUROPE = Joint Venture AMERICA All figures February 2021 Confidential.
    [Show full text]
  • Who's Who at Europe's Supplier Parks
    AN_070319_23.qxd 15.03.2007 11:19 Uhr Page 23 March 19, 2007 www.autonewseurope.com · PAGE 23 2007 Guide to purchasing Who’s who at Europe’s supplier parks AUDI VOLKSWAGEN 1. Ingolstadt 23. Autoeuropa Supplier Park opened in 1995 Supplier Park opened in 1995 Ingolstadt Logistics Center (GVZ) Palmela, Quinta da Marquesa, 85057 Ingolstadt, Germany Quinta do Anjo, Portugal Tel :(49) 841-890 Tel: (351) 1-321-2541/2601 Carcoustics: door sound proofing; Delphi: interior ArvinMeritor, Benteler, Edscha, Faurecia, Tenneco; wiring harness; Dräxlmaier: wiring, instrument panels; Hayes Lemmerz: wheels; Kautex; Magna Donnelly; Pal- Faurecia: front-end modules; Montes: air filters and metal: Logistics; PPG; Vanpro (joint venture JCI-Faurecia) filtration equipment; Preymesser: consolidation tasks Rehau: bumpers; Scherm: logistics; Röchling Auto- 24. Brussels 30 motive: door trim; Siemens VDO: fuel tanks; Tenneco: Supplier Park opened in 2001 emission control systems; Venture/Peguform: door trim Blvd. De la 2eme Armee, Britannique 201, 201, Britse Tweedelegerlaan, 2a. Neckarsulm 1190 Brussels, Belgium Supplier Park opened in 1996 15 Tel: (32) 2-348-2111 Bad Friedrichshall Industry and Commerce Park ArvinMeritor: door mechanisms, fittings; Expert: 28 NSU Str. 24-32 13 4 bumpers; Inergy: fuel tanks; Hayes Lemmerz: wheels; 74172 Neckarsulm, Germany Siemens VDO: fuel tanks; Sumitomo Electric Indus- 26 Tel: (49) 7132-310 12 24 11 tries: electrical cables AFL Michels: wiring; Plastal: bumpers; Faurecia: floor- 19 29 8 ing; Fritz Logistik: logistics; Grammer: central consoles; 2a 3 25. Pamplona 5 2b HP Pelzer: roofs; Johnson Controls: instrument panels, 18 1 16 Supplier Park opened in 1999 6 27 pillars; Rhenus: logistics; Siemens VDO: fuel tanks; 9 Pol.
    [Show full text]
  • Who Supplies Whom in Europe
    20080317-GTP_who_supplies.qxd 3/14/08 5:58 PM Page 2 2008 Guide to purchasing Who supplies whom in Europe Audi BMW Fiat Ford GM Europe Jaguar-Land RoverMercedes/Smart Air conditioning Behr, Denso, Valeo Behr, Denso, Valeo Denso, Valeo Behr, Visteon Behr, Delphi, Valeo Behr, Denso, Visteon Behr, Denso, Eberspächer, Valeo Airbags Autoliv, Key Safety Systems, Alcoa, Autoliv, Takata Petri, Autoliv, Key Safety Systems, Autoliv, Takata-Petri, Autoliv, Key Safety Systems, Autoliv Alcoa , Autoliv, Takata-Petri, Takata-Petri, TRW TRW Automotive TRW Automotive TRW Automotive Takata-Petri, TRW Automotive TRW Automotive Antilock brakes Bosch, Continental Bosch, Continental Bosch, TRW Automotive Continental, TRW Automotive Bosch, Continental, Bosch, Continental Bosch TRW Automotive Automatic Aisin AW, Magneti Marelli, ZF Friedrichshafen Aisin AW, Magneti Marelli Jatco, Magneti Marelli Aisin AW, Magneti Marelli ZF Friedrichshafen Getrag, Magneti Marelli, ZF Friedrichshafen transmissions ZF Friedrichshafen, ZF Sachs Axles Volkswagen Braunschweig Alcoa, ThyssenKrupp, Johnson Controls, Magneti Marelli, Benteler Delphi, Magneti Marelli Dana, Visteon Benteler, ThyssenKrupp, TMD Friction ZF Friedrichshafen TRW Automotive, Varta Batteries Johnson Controls, Moll, Varta Johnson Controls, Seeber, Varta, n/a Johnson Controls, Benteler Delphi, Johnson Controls, Delphi, Johnson Controls, Varta Johnson Controls, Varta, Voestalpine Vb Autobatterie Varta, Vb Autobatterie Brake lines/ Continental, Cooper-Standard, Continental, Freudenburg, FTE, Bosch, CF Gomma, Continental,
    [Show full text]
  • Plastic Omnium 2018 Registration Document 1 2 Plastic Omnium 2018 Registration Document 
    2018 REGISTRATION DOCUMENT including the integrated report, the annual financial report, the corporate governance report, the statement of non-financial performance. TABLE OF CONTENTS INTEGRATED REPORT 3 1 PRESENTATION OF PLASTIC 6 RELATIONS WITH THE FINANCIAL OMNIUM AND ITS BUSINESSES 21 COMMUNITY AND SHAREHOLDING 1.1 2018 Key figures 22 STRUCTURE 257 1.2 History and development of the Group 24 6.1 Financial communication 258 1.3 Organization chart 26 6.2 The Plastic Omnium share 259 1.4 Significant events 27 6.3 Financial communication and shareholders’ timetable 261 1.5 Business and strategy 28 1.6 Research and Development (R&D) 30 1.7 Risk factors and control 33 7 SHAREHOLDERS’ MEETING 263 7.1 Agenda 264 7.2 Text of the resolutions submitted for 2 CORPORATE GOVERNANCE 41 approval by the Combined Shareholders’ Meeting on April 25, 2019 265 2.1 Report from the Board of Directors on corporate governance 42 7.3 Board of Directors’ report on the resolutions presented to the Combined Shareholders’ Meeting on April 25, 3 STATEMENT OF NON-FINANCIAL 2019 273 7.4 Statutory Auditors’ report on the issue of PERFORMANCE 79 shares and other securities without 3.1 CSR at the heart of our strategy 81 preferential subscription rights 279 3.2 CSR integrated in the business lines 95 7.5 Statutory Auditors’ report on the capital 3.3 Methodology 118 increase reserved for members of the company's savings plan 281 3.4 Cross-reference table 120 7.6 Report of the transformation 3.5 Report by the independent third party 122 commissioner on the transformation
    [Show full text]
  • Press Release Is Published in French and in English
    Levallois, February 14, 2019, Solid 2018 results Profitable growth and significant free cash flow confirmed for 2019 "In 2018, Plastic Omnium went ahead with two major strategic moves, with the disposal of its Environment Business and the takeover of HBPO, the world leader for front-end modules. Now a pure automotive player, the Group is strengthening its leading positions to contribute to the technological transformations toward clean, connected and autonomous cars. Our results, once again solid in 2018 despite the first drop in world automotive production since 2009, are giving us the key means we need to be successful with this strategy. Having already taken measures to face a complex market environment, we are confident in our capacity to make further progress in 2019." Laurent Burelle, Chairman and Chief Executive Officer of Compagnie Plastic Omnium Solid performance Economic revenue: €8,244 million +7.6% Consolidated revenue: €7,245 million +12.6% Operating margin: €610 million, comparable to 2017 under IFRS 5 Net profit, Group share: €533 million +25.4% Generation of significant free cash flow strengthening the financial structure Free cash flow: €218 million after €562 million of investment (7.8% of revenue) Net debt: €698 million, representing 32% of equity and 0.8x EBITDA A Group looking confidently to the future Proposed dividend: €0.74 +10% 2019 financial outlook: outperformance of worldwide automotive production by 5 points, growth in value of the operating margin, and generation of free cash flow of at least €200 million Financial information Tel: +33 (0)1 40 87 66 78 Fax: +33 (0)1 40 87 96 62 [email protected] Plastic Omnium is the world leader in intelligent exterior systems, clean energy systems and automotive modules.
    [Show full text]
  • Press Release– 2015 Annual Results
    Levallois, February 25, 2016, 2015, a record year Economic revenue: €5,982 million, up by 14% Consolidated revenue: €5,010 million, up by 13% Operating margin: €470 million (9.4% of consolidated revenue), up by 20% Net profit-group share: €258 million, up by 15% EBITDA: €691 million (13.8% of consolidated revenue), up by 13% Free cash flow: €202 million (4.0% of consolidated revenue), 2.4x that of 2014, while maintaining a high level of investment (€323 million) Net debt: €268 million, down by €122 million (-31%), representing 21% of equity and 0.4x EBITDA Laurent Burelle, Chairman and CEO of Plastic Omnium, stated: "The year 2015 was a record year. All of our financial aggregates posted double-digit growth to reach historic highs. Revenue, operating margin and net income all nearly doubled in 5 years. The financial position of the Group improved even more. This performance is evidence of our ability to seize growth opportunities, while improving the profitability of our operations. The year was also marked by strong commercial activity, as evidenced by the unprecedented number of orders, reinforcing our leading position in our businesses, validating our technologies, and thus giving us a clear view of future growth. In addition, the large-scale project of external growth, with the acquisition of Faurecia's exterior systems business, will broaden Plastic Omnium's business. It will enable us to better serve our clients throughout the world, by reinforcing our product offering and our technological potential. Encouraged by these results and this transformative operation, I am convinced that Plastic Omnium has the ability to pursue profitable growth, while continuing to outperform the automotive market." Financial information Tel.: +33 (0)1 40 87 66 78 Fax: +33 (0)1 40 87 96 62 [email protected] Plastic Omnium is the world leader of automotive body parts and modules, as well as the world leader of waste collection containers for local governments and for businesses.
    [Show full text]
  • Become a UTBM Engineer a Different Vision of the World
    Become a UTBM engineer A different vision of the world www.utbm.fr At UTBM, you will benefit from a renowned engineering school program in a university environment. Choosing UTBM means building your own career-plan through a tailored education program. UTBM boasts an internationally oriented scientific, technologic, human and entrepreneurial education, open to worldwide cultures. If you want companies to recognize you as the free and responsible person to whom they can entrust their work, come study at UTBM. Ghislain Montavon UTBM’s Director 3 059 7th 621 196 STUDENTS THE 7TH BIGGEST INTERNATIONAL TEACHERS (MASTERS, PHDS, AND ENGINEERING SCHOOL STUDENTS INCLUDING 116 ENGINEERING DEGREES) IN THE COUNTRY LECTURER-RESEARCHERS 423 232 41 1 COURSE MODULES PARTNER UNIVERSITIES DOUBLE-DEGREE- INTERNATIONAL STUDENTS ABROAD CAMPUS IN SHANGHAI 5 000 40 UTBM PARTNER A BUDGET AMOUNTING COMPANIES TO €40 MILLION boasts 630 8 264 18.5 % GRADUATE ENGINEERS GRADUATE ENGINEERS NEW GRADUATES IN 2017 SINCE 1999 WORK IN 24 FOREIGN COUNTRIES EMPLOYMENT 10 REASONS PERSPECTIVES k It will take you no longer to choose UTBM than 1.3 months to find your first job k 46.5% of our students are hired by the company where they have carried out their internship CTI QUALITY STANDARDS k Accredited by the CTI A TAILOR-MADE (French engineering EDUCATION accreditation institution) SALARY TEAM PROJECTS k A EUR-ACE quality k Education program built assurance education on your career plan k Annual salary amounting k Team management and to 36.5 K€ for your 1st job project experience
    [Show full text]
  • CDD TYZVW Azetyvd W`C CR^ >R Uzc
    * % : *!" '$,!!.2$!)*-!" "&)2$!)*-!" SIDISrtVUU@IB!&!!"&#S@B9IV69P99I !%! %! ' !"#$%&'( +(121+23 +/'-0 (+,-. 0 / 0 5 55 8 =/ ; 8 0/ / C < = > % ?@ @AA > 5#$& ' --*$,* ) *+ %,)-.%&/ %'- ! "$% !& ) + Janmabhoomi is yet to be allo- %* - '! $!"#$!" cated for the construction of !' &" )-* !#& ,-. head of the crucial 2019 the temple although all kinds ALok Sabha elections, --!- " 3# *4 of evidence have affirmed that Rashtriya Swayamsevak Sangh 55 $' there was a temple at that (RSS) chief Mohan Bhagwat on $!"#$!" !' ) place. There is an obvious Thursday put the contentious )-* "$ '!) game-plan of a few elements to he court of Additional Ram Mandir issue back on the *'6) -!" !' 4 stall the judgment by present- TChief Metropolitan front burner, by exhorting the ing various newer interven- Magistrate (ACMM) on Narendra Modi Government N ) )-* ** *! - tions in the judicial process,” Thursday said it will examine “to clear the path for con- '! " )!- !' the RSS chief said, as he called the statements by former struction of a grand temple &!!** " !"" " for expediting the decision on Union Minister MJ Akbar and through appropriate and req- $!#"O the ownership of the land and other witnesses on October uisite law”. the BJP-led Government at 31, in the defamation case Addressing the RSS cadres $' #" the Centre bringing an “appro- filed by the journalist-turned- at the RSS headquarters in / &O priate and requisite law” to politician against journalist Nagpur on Vijayadashami,
    [Show full text]