(AOF) – Plastivaloire announces for the first half of 2022/2023 a net loss of 13.7 million euros, against 4.6 million a year ago. The manufacturer of complex plastic parts for consumer products is pleased with its “record” turnover of 421 million euros and the increase in its Ebitda margin to 7.9% against 7.1% a year ago. a year. Its revenue target, revised upwards in May 2023, is greater than 780 million euros and this should enable it to target an annual EBITDA margin in line with that of the first half of 2022-2023”.
The Group confirms its objective of improving the EBITDA margin compared to 2021-2022 (7.4%) Beyond 2022-2023, it has good visibility on its activity: Plastivaloire achieves over the 7 first months a high order intake of 501 million euros, close to the historical level of the first 7 months of the 2021-2022 financial year (527 million euros).
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German autonomy not so simple
China has been Germany’s leading economic partner for six years. However, across the Rhine, companies are called upon to reduce their heavy dependence on the Asian giant due to a rise in geopolitical tensions with the country. In this context, the powerful VDMA points out the importance of the Chinese market and the danger that a too sudden termination of ties with China would represent. The country is, in fact, the second export market and the first investment destination for German mechanical and industrial engineering. The federation nevertheless recognizes the need to diversify the trading partners of the German economy.