Plastivaloire: turnover up 11.6% in the third quarter – 08/25/2022 at 6:16 pm


(AOF) – In the third quarter, the automotive supplier returned to growth in all of its activities and geographical areas. Turnover for the period amounted to 179.6 million euros, up 11.6% (+10.8% at constant exchange rates).

This quarter was marked by the return to growth in the Automotive sector (parts and tools), up 9.1% to 142 million euros. The group benefited from its positioning on buoyant programs in a context of gradual recovery in global automobile production, despite the shortages of electronic components which continue to cause occasional “stop & go” episodes among manufacturers.

The Industries sector (parts and tools) confirms its good orientation with a turnover in the third quarter of 37.6 million euros, up by +22.4%. The Automobile and Industries sectors account respectively for 79.1% and 20.9% of quarterly turnover.

The good trend expected in the fourth quarter allows the Plastivaloire group to confirm its objective of an annual turnover of around 680 million euros, higher than the turnover achieved for the 2020-2021 financial year.

The group is thus targeting a slightly improved EBITDA margin in the second half of 2021-2022 compared to that of the first half.

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Great prospects with green hydrogen for the electricity sector

The French hydrogen plan of 7 billion euros, which has been increased to 9 billion, aims to develop an industrial sector for the production of low-carbon hydrogen. Gimélec, the group of companies in the digital electronics sector in France, has identified strong benefits for manufacturers of electrical equipment. For its members, the economic benefits are estimated at 10 billion euros by 2030, then an additional 20 billion for the period 2030 to 2040, mainly for the sector of manufacturers of digital electronic equipment (from transformers to control systems ). This will lead to massive recruitment, in particular in the areas where hydrogen development efforts will be concentrated, in the Mediterranean and in the Seine Valley.



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