Brief: Plastivaloire Q3 Revenue Up At EUR 179.6 Mln

Plastiques du Val de Loire SA

25/08/2022 17:18

Aug 25 (Reuters) - Plastiques du Val de Loire SA  PLVP.PA :
    * Q3 REVENUE EUR 179.6 MILLION VERSUS EUR 160.9 MILLION YEAR
AGO
    * TARGETING A SLIGHTLY IMPROVED EBITDA MARGIN FOR THE SECOND
HALF
OF 2021-2022 COMPARED TO THE FIRST HALF
    * PLASTIVALOIRE GROUP CONFIRMS OBJECTIVE OF ANNUAL TURNOVER
OF
AROUND 680 M€, HIGHER THAN TURNOVER ACHIEVED IN FINANCIAL YEAR
2020-2021
    * THE GROUP CONTINUES TO FACE HIGH RAW MATERIAL AND ENERGY
COSTS
AND IS COMMITTED TO PASSING ON THESE INCREASES IN ITS SALES
PRICES
    * THE FAVOURABLE IMPACT OF THESE NEGOTIATIONS WILL STILL BE
LIMITED THIS YEAR, GIVEN THEIR PROGRESSIVE APPLICATION
    * THIS DYNAMIC TREND STRENGTHENS VISIBILITY FOR THE COMING
YEARS
AND LAYS THE FOUNDATIONS FOR FUTURE IMPROVEMENTS IN ECONOMIC
PERFORMANCE WITH A RETURN TO THE GROUP'S USUAL STANDARDS

Further company coverage:  PLVP.PA 

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