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Plastic Omnium wants to almost double in size by 2030

2022-05-12T17:13:01.782Z

Bumpers, headlights… the French equipment manufacturer is betting on businesses where it is strong or on new segments.



Plastic Omnium is thinking big, very big, even.

By 2030, the automotive supplier wants to double in size.

By this deadline, the French group expects to achieve economic turnover (including sales of non-consolidated subsidiaries) of more than 15 billion euros against 8 billion last year.

Confidence in the medium and long-term future, which contrasts with the current situation in the automobile industry, where there is only talk of a shortage of semiconductors, rising raw material costs and a slowdown in production in China.

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David Meneses of Plastic Omnium: “Ecological transition is a collective issue”

To achieve its objective, Plastic Omnium does not rely on external growth.

“We do not intend to make a structuring acquisition”,

affirms to

Figaro

the general manager of the group, Laurent Favre.

The French company, controlled by the Burelle family, is betting on internal growth.

This first involves strengthening its positions in its traditional businesses.

Thus, the group, which is the world number one…

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Source: lefigaro

All business articles on 2022-05-12

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