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Compagnie Plastic Omnium SE

Earnings Release Apr 23, 2009

1603_iss_2009-04-23_cb2fba23-8aaa-480c-8499-0295ac9ddb37.pdf

Earnings Release

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Paris, 23 April 2009,

FIRST-QUARTER 2009 REVENUE

Compagnie Plastic Omnium's consolidated revenue declined by 30% to €495 million in the three months that ended 31 March 2009.

In € millions, by business 03/31/2008 03/31/2009 Change
Plastic Omnium Automotive 581.9 394.9 -32,1%
Plastic Omnium Environment 124.6 100.1 -19.7%
Consolidated revenue 706.5 495.0 -29.9%
In € millions and as a % of revenue 03/31/2008 03/31/2009 Change
France 186.3 145.4 -22.0%
26% 29%
Europe (excluding France) 305.8 199.3 -34.8%
43% 40%
North America 139.0 91.7 -34.0%
20% 19%
Asia, South America 75.4 58.6 -22.3%
11% 12%
Consolidated revenue 706.5 495.0 -29.9%
100% 100%

Automotive revenue was hit by the steep drop in the global automobile market, whose impact was acerbated early in the year by carmaker inventory drawdowns. In all, worldwide automobile production fell 37% in the first quarter, with declines of 42% in Europe and 52% in North America.

Plastic Omnium expects worldwide automobile production to contract by around 25% over the full year.

The Environment Division demonstrated firm resilience in France, thanks in particular to its long-term service contracts, but still felt the effects of the recession, particularly in Spain, the UK and Germany.

The PO 2009 cost-savings plan is being implemented on schedule. The Group confirms that its debt will be lower at 30 June than at 31 December 2008, except in the event of a carmaker default.

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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