Plastic Omnium: confirms sales target
(CercleFinance.com) - Plastic Omnium's Q3 2023economic sales came to E2,651m, up +11.
5%.
Excluding a consolidation scope effect of E253m and an FX charge of -E124m, Q3 2023 economic sales growth was +6.5% y-o-y. NB: cp -16%.
Consolidated sales totaled E2,389m in Q3 2023, up +12.5%, of which +6.8% LFL y-o-y.
Cumulative consolidated sales for the first 9 months of 2023 totaled E7,682m, up +27.1% (+15.5% LFL) over the first 9 months of 2022.
The group confirms its target of strong growth in economic sales in 2023 relative to 2022, while outperforming global automotive production. It has adjusted its OP targets to between E370m and E390m, with free cash flow of between E190m to E210m for 2023, under current market conditions.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
5%.
Excluding a consolidation scope effect of E253m and an FX charge of -E124m, Q3 2023 economic sales growth was +6.5% y-o-y. NB: cp -16%.
Consolidated sales totaled E2,389m in Q3 2023, up +12.5%, of which +6.8% LFL y-o-y.
Cumulative consolidated sales for the first 9 months of 2023 totaled E7,682m, up +27.1% (+15.5% LFL) over the first 9 months of 2022.
The group confirms its target of strong growth in economic sales in 2023 relative to 2022, while outperforming global automotive production. It has adjusted its OP targets to between E370m and E390m, with free cash flow of between E190m to E210m for 2023, under current market conditions.
Copyright (c) 2023 CercleFinance.com. All rights reserved.