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Compagnie Plastic Omnium SE

Earnings Release Apr 17, 2014

1603_iss_2014-04-17_98db68e5-6e4a-4587-97a9-6347bd2a4ff7.pdf

Earnings Release

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Paris, April 17, 2014,

BUSINESS ACTIVITY IN THE FIRST QUARTER OF 2014

Revenue is determined using the same methods as those used in 2013 to prepare the audited consolidated statements. It provides an accurate picture of the Group's economic and managerial situation.

The financial information prepared in accordance with the new consolidation standards (IFRS 10/11/12) can be found on the Group's website: www.plasticomnium.com

First-quarter revenue for Compagnie Plastic Omnium was up by 6.1% to €1,304.9 million. At constant exchange rates, this figure represents growth of 9.7%.

In € millions, by business segment First quarter First quarter % change Change at
2013 2014 constant
scope and
currency
Automotive 1,123.5 1,196.3 +6.5% +10.4%
Environment 106.5 108.6 +2.0% +2.2%
Revenue 1,230.0 1,304.9 +6.1% +9.7%
In € millions and as a % of revenue , by region First quarter First quarter % change Change at
2013 2014 constant
scope and
currency
France 170.1 169.5 -0.4% -0.4%
14% 13%
Western Europe (excluding France) 327.3 414.0 +26.5% +26.0%
27% 32%
Eastern Europe 131.2 131.2 +0.0% +2.0%
11% 10%
North America 337.5 332.7 -1.4% +2.5%
27% 25%
South America, Africa 62.7 54.7 -12.8% +13.0%
5% 4%
Asia 201.2 202.8 +0.8% +7.8%
16% 16%
Revenue 1,230.0 1,304.9 +6.1% +9.7%
100% 100%

Global automobile production in the first quarter of 2014 increased by 5.3%, driven once again by China and, to a lesser extent, Europe and North America. In this favorable background, the Automotive division recorded revenue growth of 10.4% at constant exchange rates, reflecting an increase in the content delivered per car. In Europe, Plastic Omnium saw growth of 16% on account of its innovative weight and emission reduction offers with the new Porsche Macan bumpers, the Range Rover Sport hybrid hatchback and the all-thermoplastic Peugeot 308, in addition to the SCR systems for reduced emissions from dieselpowered Audi A6 and Q5 vehicles. The commissioning of four new plants in China, bringing the number of Chinese industrial facilities to 22, contributed to the 7.8% growth in revenue in Asia (26% growth in China).

The Group received new orders for its innovative offers, such as:

  • new orders for Higate tailgates (thermoplastic-composites) for Land Rover in China and for Volvo in Europe and China;

Investor Relations Tel.: +33 (0)1 40 87 64 49 Fax : +33 (0)1 40 87 96 62 [email protected]

Plastic Omnium is the world leader in automotive components and body modules, automotive fuel systems, and waste container solutions for local authorities and companies. The Group has 22,000 employees across 110 plants, 22 R&D centers and 30 countries worldwide. Plastic Omnium is listed on Euronext Paris, compartment A. It is eligible for the Deferred Settlement Service (SRD) and is part of the SBF 120 and CAC Mid 60 indices (ISIN code: FR0000124570).

  • orders for SCR systems from two new customers (American and Japanese), bringing the number of manufacturers opting for Plastic Omnium's diesel emission reduction technology to seven.

In addition, metal-to-plastic conversion continues to pick up speed in fuel systems. For example, a new order has been placed in China and Russia for a tank previously produced in steel.

The Environment division has seen 2.2% growth at constant scope and exchange rates in the first quarter, during the pre-election period in France.

With global automobile production expected to increase by approximately 3% in the course of the year, Compagnie Plastic Omnium confirms that it forecasts improvement in all its financial aggregates for 2014. The half-year results will be published on July 24, 2014.

Investor Relations Tel.: +33 (0)1 40 87 64 49 Fax : +33 (0)1 40 87 96 62 [email protected]

Plastic Omnium is the world leader in automotive components and body modules, automotive fuel systems, and waste container solutions for local authorities and companies. The Group has 22,000 employees across 110 plants, 22 R&D centers and 30 countries worldwide. Plastic Omnium is listed on Euronext Paris, compartment A. It is eligible for the Deferred Settlement Service (SRD) and is part of the SBF 120 and CAC Mid 60 indices (ISIN code: FR0000124570).

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