(News Bulletin 247) – The Plastivaloire Group publishes a turnover of 231.8 ME in the 2nd quarter, up 29.5% at constant exchange rates compared to the same period a year earlier.
This figure is higher than the group’s expectations and for the first time crossed the symbolic bar of 200 ME over a quarter.
Plastivaloire believes that it is reaping the benefits of its listings obtained in previous years on buoyant programs, in a context that has again become more normative for automobile production, particularly in Europe, after the major disruptions of previous years. ‘
These data lead the Group to revise its 2023 revenue target upwards, to more than €780 million (vs. €730 million initially).
Finally, Plastivaloire indicates that it is continuing its discussions with its financial partners and majority shareholders with a view to renegotiating the existing debt and obtaining a new financing envelope, targeted at €30 million, which will allow the Group to have new resources to deal with its deadlines and support its medium-term investment needs.
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