(Boursier.com) — The sales figures for the 1st quarter of 2024 Plastic Omnium stood at 2,867 million euros in Q1,
outperforming global automobile production by +4.5 points. The United States is now the leading country contributing to the Group’s turnover, which now becomes “OPmobility”. Turnover thus increased by 1.6% (+3.6% organically), outperforming global automobile production by +4.5 points, in line with the Group’s annual objective.
The new module assembly plant in Austin (Texas) will contribute to the acceleration of OPmobility’s activity in North America.
With the change of name to OPmobility, the Group is also opening a new page in its history and confirms the acceleration of its strategic transformation into a leader in sustainable and connected mobility.
The group also confirms its 2024 outlook with an improvement in all its financial aggregates compared to 2023: operating margin, net profit Group share, free cash flow and net debt.
Laurent Favre, Managing Director of OPmobility, declared:
“The first quarter of 2024 constitutes a pivotal period in the history of our Group. It is now under the name OPmobility that we are continuing our strategic transformation, addressing all mobility in growing regions, first and foremost North America. This quarter, the United States is the Group’s leading country in terms of revenue. OPmobility’s performance at the start of the year confirms the strong growth potential of our 5 Business Groups. our ability to achieve our annual objectives.”
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