Compagnie Plastic Omnium SE

Earnings Release • Apr 19, 2012

Paris – 19 April 2012

FIRST-QUARTER 2012 REVENUE UP 22%

For the three months that ended 31 March 2012, Compagnie Plastic Omnium's consolidated revenue rose by 21.9% to €1,192.2 million. At comparable exchange rates and scope of consolidation, the increase was 15.3%.

in € millions, by business	First Quarter	First Quarter	% Change	at constant perimeter
	2011	2012		and exchange rates
Plastic Omnium Automotive	864.5	1,080.8	+25.1%	+16.7%
Plastic Omnium Environment	113.6	111.4	-1.9%	+4.0%
Consolidated revenue	977.8	1,192.2	+21.9%	+15.3%
in € millions and as % of revenue	First Quarter	First Quarter	% Change
by region	2011	2012
France	195.5	205.8	+5.3%
	20%	17%
Europe (excl. France)	377.3	436.8	+15.8%
	38%	37%
North America	215.1	311.0	+44.6%
	22%	26%
South America, Africa	47.1	50.5	+7.2%
	5%	4%
Asia	142.8	188.1	+31.7%
	15%	16%
Consolidated revenue	977.8	1,192.2	+21.9%
	100%	100%

In first-quarter 2012, Plastic Omnium Automobile reported revenue growth of 25.1%, or 16.7% at comparable exchange rates and scope of consolidation. This compared with a 6% increase in worldwide automobile production over the same period. Business was especially brisk in North America and Asia, where revenue rose by 44.6% and 31.7% respectively.

In North America, the Company benefited from a sharp 16% increase in automobile production and from the June 2011 acquisition of Ford Motor Company's fuel tank manufacturing assets in the United States.

Led by strong organic growth in China, South Korea, India, Japan and Thailand, Asia accounted for 16% of the Company's business in the first quarter. Plastic Omnium will take part in the Beijing Motor Show, thereby reaffirming its strategic commitment to developing in the world's largest automobile market.

The Division's performance in Europe was driven by technological and sales successes. Two new plants are delivering composite parts: one in the United Kingdom (tailgates for Jaguar Land Rover) and the other in Germany (body components for Mercedes-Benz trucks).

Revenue in Eastern Europe rose by 34.5% thanks in particular to the acquisition of Plastal Poland in December 2011 and the production launch of the Volkswagen Up!.

On 21 March 2012, Plastic Omnium Environment sold its French and German road signage subsidiaries to Eurovia and the two companies unwound their cross-shareholdings in this segment. Adjusted for these transactions, retroactive to 1 January 2012, Division revenue rose by 4%. Now focused on waste management, Plastic Omnium Environment will continue to develop its innovative offering especially in containers made of plant-based materials as well as underground containers and related services.

Plastic Omnium's worldwide business is continuing to trend upward in the second quarter. The Company will announce its interim earnings on 19 July 2012.