Plastic Omnium: +15% for a month

Automotive. The automotive environment is disrupted with weakening demand, the commercial aggressiveness of Chinese manufacturers, a price war which raises fears for margins… According to forecasters, global automobile production should increase this year slightly decreasing. This situation calls for relative caution in a sector which remains cyclical. After the progression of the Plastic Omnium stock in recent weeks, we prefer to secure part of the added value… Over the past financial year, historic activities in tanks and front modules have confirmed their leadership.