lettER TO OUR SHAREHOLDERS

MESSAGE

FROM THE CHAIRMAN AND CHIEF EXECUTIVE OFFICER

2016 was an exceptional year for Plastic Omnium and the outlook for 2017 leads us to believe that it will be an exciting year too

 

Laurent Burelle

CHAIRMAN AND CHIEF EXECUTIVE OFFICER

2016 was an exceptional year for Plastic Omnium and the outlook for 2017 leads us to believe that it will be an exciting year too. Once again, our results reached historic levels with another double-digit increase in all our financial aggregates. Our growth considerably exceeds the increase in worldwide automotive production.

From a strategic point of view, Plastic Omnium completed the largest acquisition in its history, in its Exterior Systems business. This large-scale transaction has given the Group a new dimension that will enable it to increase its customer portfolio and its technological potential.

From a commercial point of view, business has been very buoyant, confirming the success of our profitable growth strategy. At the same time, Plastic Omnium has continued to modernize and optimize its industrial footprint in order to drive the growth.

With regard to innovation, Plastic Omnium is preparing for changes in the mobility and energy solutions of the future automotive industry, with the creation of a start-up in the field of fuel cells and supercapacitors, Ξ-POCellTech, and with the launch of construction of an advanced research and innovation center for new energies, Δ-Deltatech.

Buoyed by these results and these significant steps forward, we are looking forward to 2017 with confidence, fully assured of our ability to pursue our profitable growth strategy.

 

Thank you for your support.

DEAR OUR SHAREHOLDERS,

MARCH 2017

lettER TO OUR SHAREHOLDERS