Brief: Compagnie Plastic Omnium FY Economic Revenue Rises To EUR 9.48 Bln

Opmobility SE

22/02/2023 05:53

Feb 22 (Reuters) - Compagnie Plastic Omnium SE
 PLOF.PA :
    * 2022 ECONOMIC REVENUE OF EUR 9.477 MILLION, UP +18.2% ON
2021
(+9.7% AT CONSTANT SCOPE AND EXCHANGE RATES)
    * 2022 EBITDA AMOUNTED TO EUR 864 MILLION VERSUS EUR 771
MILLION
YEAR AGO
    * 2022 NET RESULT, GROUP SHARE EUR 168 MILLION, INCREASE OF
+32.6%
YEAR-ON-YEAR
    * BOARD OF DIRECTORS WILL PROPOSE A DIVIDEND OF EUR 0.39 PER
SHARE
AT THE GENERAL MEETING OF SHAREHOLDERS OF APRIL 26
    * AT END-DEC, GROUP NET DEBT TOTALED EUR 1.669 MILLION
COMPARED TO
EUR 854 MILLION AT DECEMBER 2021
    * 2023 TARGETS: OPERATING RESULT ABOVE EUR 400 MILLION, UP
OVER
+10%
    * 2023 TARGETS: STRONG ECONOMIC REVENUE GROWTH,
OUTPERFORMING
GLOBAL AUTOMOTIVE PRODUCTION
    * 2025 TARGETS: ECONOMIC REVENUE NOW EXPECTED TO EXCEED EUR
11.5
BILLION BY 2025
    * 2023 TARGETS: FREE CASH FLOW IN EXCESS OF EUR 260 MILLION,
WITH
STRONG INVESTMENT IN GROWTH DRIVERS
    * 2025 TARGETS: AVERAGE ANNUAL GROWTH IN OPERATING MARGIN IN
EUROS
IN EXCESS OF +15% BETWEEN 2022 AND 2025
    * 2025 TARGETS: FREE CASH FLOW OF BETWEEN 3% AND 4% OF
REVENUE

Source text for Eikon:  ID:nNDLbQkPxR 
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