Plastic Omnium - 2018 Registration Document

4 2018 CONSOLIDATED FINANCIAL STATEMENTS Comments on the year and outlook PLASTIC OMNIUM 2018 REGISTRATION DOCUMENT 129 OUTPERFORMANCE OF WORLDWIDE AUTOMOTIVE PRODUCTION ON THE RISE For the whole of 2018, worldwide automotive production fell by 1% (source: IHS January 2019) in comparison with growth in revenue of +2.4%, giving an outperformance of 3.4 points. Plastic Omnium Industries, up by +2.8% like-for-like, achieved an outperformance of 3.8 points compared to worldwide automotive production. Plastic Omnium Modules, whose business activity is 30% German, stayed flat over the year (up by 0.5% like-for-like). In 2018, worldwide automotive production was marked by a sharp disparity between growth of +2.3% over the 1 st  half-year and a slump of -4.3% over the 2 nd  half, owing to the economic situation in China and temporary difficulties encountered by a number of OEMs in the application of WLTP standards in Germany. Put into this context, the like-for-like revenue reported by Plastic Omnium rose by +4.8% in the 1 st  half of the year and was flat over the 2 nd  half (+0.3%). Outperformance over worldwide automotive production gained pace (+2.5% over the 1 st  half-year versus +4.6% over the 2 nd  half), helped in particular by China. FIRST-HALF Automotive production In million of vehicles 1 st  half 2017 1 st  half 2018 Change in % Change GLOBAL 45.9 47.0 +2.3% +1.1 of which China 12.5 13.1 +4.5% +0.6 of which Germany 3.0 3.0 -1.9% - Plastic Omnium economic revenue In million of euros 1 st  half 2017 1 st  half 2018 Change like-for-like Outperformance vs. auto prod TOTAL 3,894.3 3,820.9 +4.8% +2.5% of which China 337.8 362.8 +13.7% +9.2% of which Germany 644.7 656.6 +3.5% +5.4% SECOND-HALF Automotive production In million of vehicles 2 nd  half 2017 2 nd  half 2018 Change in % Change GLOBAL 46.3 44.3 -4.3% (2.0) of which China 14.4 12.9 -10.4% (1.5) of which Germany 2.8 2.4 -15.1% (0.4) Plastic Omnium economic revenue In million of euros 2 nd  half 2017 2 nd  half 2018 Change like-for-like Outperformance vs. auto prod TOTAL 3,771.0 4,423.1 +0.3% +4.6% of which China 383.0 430.7 +8.5% +18.9% of which Germany 668,0 782,3 -12.6% +2.5%