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-  23 April 2019

Q1 2019 revenue: Worldwide automotive production outperformed by 6.5 points

Compagnie Plastic Omnium's economic revenue amounted to €2,236 million in Q1 2019, up by 20%. At constant scope and exchange rates, the Group's revenue was stable, in comparison to a 6.8% decline in worldwide automotive production.

"In a weakened environment, our growth was strong (+20%) thanks to the takeover of HBPO, the worldwide leader in front-end modules, in July 2018. As expected, we achieved a 6.5 point outperformance against worldwide automotive production, which saw a significant decline in Q1 2019.
While continuing to innovate for the autonomous, carbon-free car of the future, all of our teams are ready to face worldwide automotive production now expected to decline for the whole of 2019".

Laurent Burelle, Chairman and Chief Executive Officer

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