Report Publication Announcement • Oct 27, 2009
Report Publication Announcement
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Paris, 27 October 2009,
Compagnie Plastic Omnium's consolidated revenue amounted to €1,742 million for the nine months ended 30 September 2009, a decline of 16.4% compared with the same period last year.
| In € millions, by business | 09/30/2008 | 09/30/2009 | Change |
|---|---|---|---|
| Plastic Omnium Automotive |
1,691.6 | 1,420.7 | -16.0% |
| Plastic Omnium Environment |
391.5 | 321.6 | -17.9% |
| Consolidated revenue | 2,083.1 | 1,742.3 | -16.4% |
| In € millions ans as a % of revenue by region |
09/30/2008 | 09/30/2009 | Change |
| France | 551.5 | 541.9 | -1,7% |
| 26% | 31% | ||
| Europe (excluding France) |
907.4 | 702.2 | -22.6% |
| 44% | 40% | ||
| North America | 399.0 | 270.9 | -32.1% |
| 19% | 16% | ||
| Asia | 147.0 | 157.0 | +6.8% |
| 7% | 9% | ||
| Other countries | 78.2 | 70.3 | -10.1% |
| 4% | 4% | ||
| Consolidated revenue | 2,083.1 | 1,742.3 | -16.4% |
| 100% | 100% |
Revenue for the third quarter alone was down 11% year-on-year, but showed an improvement relative to the 30% decline in the first quarter.
Estimated fourth-quarter revenue is so far stable versus 2008, confirming that global automobile market conditions are currently improving.
In this environment, the full benefits of the PO 2009 plan to reduce costs and preserve cash will enable the Company to report a higher operating margin and net profit for the full year, while sharply reducing its debt.
Investor Relations Tel: +33 (0)1 40 87 64 49 / Fax: +33 (0)1 40 87 96 62 / Email: [email protected]
Plastic Omnium is a world leader in automotive components and modules, and a major European player in products and services for local communities. Plastic Omnium is listed on the Euronext Paris stock market, Compartment B, and is included in the SBF 250 and CAC Mid 100 indexes (ISIN code: FR0000124570).
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