Earnings Release • Oct 22, 2015
Earnings Release
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Levallois, October 22, 2015
In the first 9 months of 2015, Plastic Omnium's economic sales1 reached 4,363 million euros, robust growth of 12.2% compared to the first 9 months of 2014 (+4.2% at constant scope and exchange rates).
Economic sales1 for the 3rd quarter of 2015 were 1,417 million euros, showing strong growth of +13.1%, and +6.8% at constant scope and exchange rates compared to the 3rd quarter of 2014.
| In millions of euros, by segment | rd quarter 3 |
Change at constant |
9 months | Change at constant |
||||
|---|---|---|---|---|---|---|---|---|
| 2014 | 2015 | Change | scope and exchange rates |
2014 | 2015 | Change | scope and exchange rates |
|
| Automotive | 1,156 | 1,327 | +14.8% | +7.5% | 3,585 | 4,080 | +13.8% | +4.8% |
| Environment | 98 | 91 | -7.3% | -1.5% | 305 | 283 | -7.1% | -3.0% |
| Economic sales1 | 1,253 | 1,417 | +13.1% | +6.8% | 3,889 | 4,363 | +12.2% | +4.2% |
| Joint ventures | 192 | 228 | +19.2% | 581 | 699 | +20.4% | ||
| Consolidated sales2 | 1,062 | 1,189 | +12.0% | +4.8% | 3,308 | 3,664 | +10.7% | +2.3% |
| In millions of euros and in % of sales, by region |
3 | rd quarter | Change at constant |
9 months | Change at constant |
|||
|---|---|---|---|---|---|---|---|---|
| 2014 | 2015 | Change | scope and exchange rates |
2014 | 2015 | Change | scope and exchange rates |
|
| Europe | 649 52% |
719 51% |
+10.8% | +10.9% | 2,073 53% |
2,248 52% |
+8.5% | +8.1% |
| North America | 350 28% |
428 30% |
+22.1% | +3.3% | 1,056 27% |
1,232 28% |
+16.7% | -3.2% |
| South America/ Africa | 65 5% |
57 4% |
-11.5% | -2.6% | 174 4% |
170 4% |
-2.5% | -0.9% |
| Asia | 190 15% |
213 15% |
+12.6% | +2.8% | 586 15% |
712 16% |
+21.5% | +5.2% |
| Economic sales1 | 1,253 100% |
1,417 100% |
+13.1% | +6.8% | 3,889 100% |
4,363 100% |
+12.2% | +4.2% |
| Joint ventures | 192 100% |
228 100% |
+19.2% | 581 100% |
699 100% |
+20.4% | ||
| Consolidated sales2 | 1,062 100% |
1,189 100% |
+12.0% | +4.8% | 3,308 100% |
3,664 100% |
+10.7% | +2.3% |
Financial information Tel.: +33 (0)1 40 87 64 49 Fax: +33 (0)1 40 87 96 62 [email protected]
Plastic Omniumis the world leader in automotive exterior components and modules, automotive fuel systems, and waste container solutions for local authorities and companies. The Group has 25,000 employees across 115 plants, 21 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).
For the first 9 months of 2015, Plastic Omnium Automotive's sales1 reached 4,080 million euros. They grew by 13.8% (4.8% at constant exchange rates), with global automotive production up by 1.0%.
This outperforming result is supported by strong sales in Europe and Asia over the period.
In the 3rd quarter of 2015, Plastic Omnium Automotive's sales1 accelerated its growth and grew by 7.5% at constant exchange rates, compared to a steady worldwide automotive production (-0.1%).
In the first 9 months of 2015, the Environment division sales1 reached 283 million euros. They were down by 3.0% at constant scope and exchange rates.
In an economic environment that remains difficult due to budget restrictions in local councils particularly in France, the Environment division will stabilize its sales in the second half of the year and will continue to generate a significant free cash-flow.
Results as of end-September confirm that 2015 results will indeed see growth, as anticipated.
Plastic Omnium has a strong order book resulting in significant gains in market shares in automotive body components and fuel systems.
The Group emphasizes once again the strong performance of its innovative and efficient offers in polluting emissions reduction systems (CO2 and NOx), whose development is favored by increasingly strict environmental regulations.
Calendar February 25, 2016 – 2015 Full-year results
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