Turnover: 11.4 billion EUR (2023)
Country: France
Plastic Omnium is an automotive supplier. The Group is present in 25 countries, particularly China, with 150 plants and 37,000 employees. It invests in fuel cells and hydrogen-powered engines.
The company entered the automotive lighting market with the acquisition of Varroc Lighting System.
The new Light division generates sales of €1 billion, with 11 plants and 7,000 employees.
News
Plastic Omnium gives in to the name change craze 27/03/2024
- - Plastic Omnium changes its name to OPmobility.
- - Diversification of sales with investments in hydrogen, lighting and software.
- - The Burelle family holds 60% of the company's capital.
- - The group posted sales of 11.4 billion last year.
- - OPmobility employs 40,000 people in 28 countries.
Plastic Omnium benefits from U.S. green plan 07/09/2023
- Plastic Omnium to build and open a new hydrogen tank plant in Michigan by the end of 2026
- This plant will be the "largest hydrogen storage plant in the United States"
- Annual production capacity: 100,000 high-pressure hydrogen tanks
- Total investment in the plant: $170 million
- The Biden administration has allocated over eight billion dollars to develop green hydrogen infrastructure
- Plastic Omnium's goal: three billion euros in sales of hydrogen storage systems and fuel cells by 2030
- Total Group sales in 2022: 9.5 billion euros
- 99% of tanks to be used in commercial vehicles
- New plant in Compiègne to come on stream in early 2025, with full production capacity of 80,000 tanks a year
- New plant in Shanghai, in partnership with China's Shenergy, to come on stream in 2026.
Plastic Omnium to build a hydrogen tank gigafactory in the United States 28/08/2023
- Investment by Plastic Omnium to build a hydrogen tank factory in the USA: 157 million euros
- Order received from a major American automaker: 2.4 billion euros
- Annual production capacity: 100,000 hydrogen tanks
- Creation of 175 jobs
- Commissioning scheduled for late 2026
- The company's hydrogen order book is set to double to nearly 8 billion euros within the next year
Plastic Omnium opens a new plant in the United States 07/05/2023
- Plastic Omnium sales in 2022: 9.47 billion euros (up 18.2% year-on-year)
- Historic order intake in North America in 2023: approx. 10 billion euros
- New plant in the United States in the second half of 2023 (exact amount and location not specified)
- Plant under construction in Compiègne to produce 80,000 hydrogen tanks by 2025
- Expected sales for hydrogen-related activities: 300 million euros within two years and over 3 billion euros in 2030
- Joint venture with Chinese group Shenergy to create a mega-plant in Shanghai to produce high-pressure hydrogen tanks from 2026.
Equipment manufacturer Plastic Omnium fully committed to diversifying its activities 06/03/2023
- In 2022: acquisition of the Indian group Varroc's automotive lighting division (for €600 million) and of Germany's AMLS
- acceleration in on-board batteries and power electronics, thanks to the acquisition of Actia Power (for €52.5 million)
- partnership with Alstom to develop hydrogen-powered trains
- opening of Europe's largest fuel cell plant in Dettingen (Germany)
- In the hydrogen field, commercial agreements with several automakers, including Stellantis, Hyvia (a joint venture between Renault and Plug Power) and Ford
- and the construction of a plant in Compiègne (Oise) to produce 80,000 high-pressure hydrogen tanks by 2025,
- The Group forecasts sales of €300 million for its hydrogen-related activities, which are expected to exceed €3 billion by 2030.
Plastic Omnium to create a hydrogen tank factory in Compiègne 19/12/2022
- Plastic Omnium develops the hydrogen industry
- Investment of €160 million and production of 80,000 tanks per year, 200 jobs planned
- Europe's largest hydrogen tank factory
- Tanks from future site to equip Safra buses and Hopium luxury cars
- Plastic Omnium plans to invest €100 million a year in the hydrogen sector
Plastic Omnium in pole position in hydrogen mobility 16/11/2022
- 300 million euros invested since 2015 in hydrogen diversification
- The manufacturer of fuel tanks and bumpers plans to spend a further 100 million a year in this area
- Plastic Omnium aims to achieve sales of 300 million euros by 2025, and 3 billion by 2030
- To develop its own fuel cell with Germany's ElringKlinger, whose EKPO plant is the largest in Europe
Plastic Omnium relies on hydrogen to grow 05/10/2022
- Plastic Omnium targets €3 billion in hydrogen sales by 2030
- Several contracts with Stellantis and Hyvia (a Renault and Plug Power joint venture) for commercial vehicles, with French start-up Hopium, bus manufacturer Safra, Hyundai, Ford, Alstom for trains
- Market expected to reach 2 million new hydrogen-powered vehicles by 2030
- Hydrogen fuel cells can replace batteries in electric cars
- Production capacity of 10,000 fuel cells per year, European leader
Plastic Omnium has decided to buy Varroc's lighting business 02/05/2022
- Plastic Omnium to spend 600 million euros to acquire lighting specialist Varroc Lighting Systems.
- Division entirely dedicated to lighting.
- sales of 1 billion euros by 2022 in the lightning business
Financial Data
DUNS: 306348632
Legal Name: PLASTIC OMNIUM COMPOSITES
Address: 19 BD JULES CARTERET , 69007 LYON 7EME
Number of employees: Between 250 and 499 employees (2020)
Capital: 6 001 100 EUR
Financial Data:
| Year | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|
| Turnover | 45 472 859 | 52 202 307 | 75 645 300 | 78 061 496 | 91 534 289 | 165 735 814 | 171 227 818 |
| Gross margin (€) | 26 165 827 | 28 573 152 | 39 960 475 | 38 738 240 | 48 389 711 | - | - |
| EBITDA (€) | -2 605 721 | -3 639 780 | 4 775 928 | -2 466 194 | -10 446 094 | - | - |
| Operating profit (€) | -3 512 002 | -6 427 640 | 1 621 770 | -3 617 967 | -12 080 481 | - | - |
| Net profit (€) | -4 548 608 | -18 259 468 | 2 051 459 | -3 442 524 | -6 669 579 | -16 265 207 | -22 959 868 |
| Turnover growth rate (%) | -12,9 | -31 | -3,1 | -14,7 | -44,8 | -3,2 | - |
| Ebitda margin rate (%) | -5,7 | -7 | 6,3 | -3,2 | -11,4 | - | - |
| Operating margin rate (%) | -7,7 | -12,3 | 2,1 | -4,6 | -13,2 | - | - |
| Working Capital (turnover days) | -105,1 | -107 | -34,6 | -32,9 | 213,1 | - | - |
| Working Capital requirements (turnover days) | -18,1 | -23,1 | -21,1 | -36,3 | -61,9 | - | - |
| Net margin (%) | -10 | -35 | 2,7 | -4,4 | -7,3 | - | - |
| Added value / Turnover (%) | 23,2 | 19,2 | 28,3 | 18,9 | 9,2 | - | - |
| Wages and social charges (€) | 12 949 953 | 13 247 215 | 14 990 130 | 15 518 071 | 16 377 267 | - | - |
| Salaries / Turnover (%) | 28,5 | 25,4 | 19,8 | 19,9 | 17,9 | - | - |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Director | CHRISTOPHE, CHARLES, JULES | BERNARD | 49 | |
| Director | OLIVIER, HENRI | DABI | 53 | |
| Director | MARIE-ISABELLE | FONDEVILLE | 54 | |
| Chairman of the Board of Directors | CHRISTOPHE, CHARLES, JULES | BERNARD | 49 | |
| Managing Director | CHRISTOPHE, CHARLES, JULES | BERNARD | 49 |
Studies mentioning this company
The car manufacturing market - France
Other companies mentioned:
- Ligier Groupe
- Ineos Grenadier
- OPmobility Plastic Omnium Groupe
- Stellantis (Groupe PSA et Fiat)
- PSA Peugeot Citroen
- Renault Groupe
The hydrogen stations market - France
Other companies mentioned:
- Atawey
- McPhy
- Air Liquide
- Hydrogen Refueling Solutions HRS
- Engie Solutions
- Hysetco
- Hynamics
- Mahytec (Hensold Group)
- OPmobility Plastic Omnium Groupe
- OPmobility Plastic Omnium Groupe
- Roth2
ESM The precision cold-rolled steel market - France
Other companies mentioned:
- Airbus Groupe
- Safran Groupe
- Zodiac Aerospace (Groupe Safran)
- Thales
- Daher
- Figeac Aéro Groupe
- Schneider Electric
- Legrand Groupe
- Danfoss
- SEB Groupe
- Forvia (ex Faurecia)
- Michelin Groupe
- OPmobility Plastic Omnium Groupe
- Renault Groupe
- PSA Peugeot Citroen
- Guerbet
- Biospacelab
- SKF
- Alstom
- Poclain Hydraulics
- Arkema groupe
- Fives Group
- Arcelormittal Centres De Services
- Thyssenkrupp Materials France
- NLMK La Louvière
- Nippon Steel Trading Europe
- Kloeckner Metals France
- Salzgitter Mannesmann International
- Outokumpu Distribution France
- IMS France
- Aperam Groupe - Alloys Imphy
- Ugitech
- ArcelorMittal
- Ferropem (Swiss Steel Group)
- Paturle Aciers
- Aperam Groupe - Aperam Stainless France
- CMC Chartrain
- ETILAM
- LISI Groupe
- Aciers Coste
- Metal Tolling Services
- Saint-Gobain Groupe
Contact: [email protected]