Plastiques du Val de Loire: focus on cash generation

Reprise. Plastivaloire’s 2020/2021 figures are characterized by a recovery in sales of 7.6% despite supply concerns in the automotive sector. The company from Langeais in Indre-et-Loire reports a net profit of 8.8 ME over the financial year against -16.1 ME in 2019/2020… If the debt remains high, it has everything even noticeably decreased to return to 213 ME at the end of September. The leaders of Plastivaloire also indicate that the generation of new money is their priority at the moment in order to continue to reduce the leverage effect… For the new fiscal year 2021/2022, the automotive supplier is aiming for invoicing around 700 ME, which corresponds to an increase of around 3%.