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Plastic Omnium finalizes the disposal of non-industrial real estate assets for €128.5 million
Plastic Omnium today completed the sale of its non-industrial real estate assets to the real estate company Sofiparc, wholly-owned by Burelle SA, the holding company which also controls Plastic Omnium. As announced, the disposal was completed for an amount of €128.5 million.
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Postponement of the Investor Day to January 7, 2020
Considering the likely extent of the social movements in France as of December 5, 2019, Compagnie Plastic Omnium believes it preferable to postpone its Investor Day, initially planned for Friday December 6, 2019 at its research center, Δ-Deltatech, in Brussels.
This meeting will now be held on January 7, 2020 at Δ-Deltatech, in Brussels.
A significant contract and the first certification of a pressurized tank confirm Plastic Omnium's hydrogen positioning
Plastic Omnium has recently won a significant order from a German manufacturer for the development of 350-bar hydrogen tanks. The contract signed for bus equipment is the largest project in Europe at this time for this type of vehicle.
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Shareholders Visit at the International Research & Development Center Alphatech in Compiègne (France)
As every year, Plastic Omnium has organized a visit for its individual shareholders.
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Strong growth in revenue at September 30, 2019
In the 3rd quarter 2019:
- Revenue of €2,240.8 million, up 10%
- Outperformance of 11.7 points over worldwide automotive production
