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Global automotive pushes up Plastic Omnium sales

26/07/2012


France-based Plastic Omnium posted increased global automotive production by 9% during the first half of the year, which helped increased the company’s revenue by 18.4%.
Revenue for H1 totalled €2.3bn, compared to €2bn in the first half of 2011, and net profit increased to €98m from €91.4m.
The growth in automotive was driven largely by North America and Asia, where production increased 9% and 8%, respectively.
Looking forward, the company says it expects to outpace growth in global automotive production in the second half.

Plastics.ru

     








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