Plastic Omnium - 2018 Registration Document

INTEGRATED REPORT Sound 2018 results BREAKDOWN OF REVENUE BY REGION € 8,244 M Economic revenue (2018) € 698 M NET DEBT € 610 M OPERATING PROFIT € 918 M EBITDA € 533 M NET PROFIT - GROUP SHARE € 0.74 DIVIDEND € 218 M FREE CASH-FLOW A SOLID ORDER BOOK Orders already secured represent 90% of the Group’s target revenue for the period to 2021 MARKET SHARE GAINS The world market share of Intelligent Exterior Systems for bumpers will rise from 16% in 2018 to 19% in 2021. The world market share of Clean Energy Systems for fuel systems will rise from 22% in 2018 to 25% in 2021. HBPO’s global market share for front-end modules will rise from 17% in 2018 to 18% in 2021. 1.0% Africa 17.2% Asia 2.3% South America 26.1% North America 53.4% Europe A Group confident in the future GROWTH LEVERS THE NORTH AMERICAN MARKET With the ramp-up of the five plants built in the last three years and the two assembly sites currently under construction in Mexico, Plastic Omnium will continue to grow its market shares in its three business lines. THE CHINESE MARKET In China, the Group has a complete industrial base of 26 plants in the six automotive production areas and a portfolio of customers that continues to diversify, particularly among Chinese players, who will account for 30% of the Group’s sales in China in 2021 (compared with 15% in 2018). Building on this foundation, Plastic Omnium will benefit from market share gains in its production businesses and from the development of its front-end module activities. THE SUV VEHICLES SEGMENT The SUV segment will increase by 4 points between 2018 and 2021, from 35% to 39% of global automotive production. Plastic Omnium will grow faster than this segment, which will represent 48% of the Group’s revenue in 2021. FRONT-END MODULES Since July 1, 2018 and following the takeover of HBPO, world leader in front-end modules, Plastic Omnium is fully consolidating this activity. HBPO, with nearly 6 million front-end modules delivered per year, generated revenue of around €2 billion in 2018 and is expected to grow by 50% to €3 billion in 2021. SCR SYSTEMS TO REDUCE DIESEL VEHICLE EMISSIONS Plastic Omnium will benefit in the next two years from market share gains and the regulatory increase in the SCR penetration rate in Europe, which will offset the expected decline in the production of diesel vehicles. The Group is already anticipating the decline of this activity for the post-2020 years. www.plasticomnium.com PLASTIC OMNIUM 2018 REGISTRATION DOCUMENT 18