(AOF) – On the occasion of a Capital Markets Day, Plastic Omnium presents its long-term growth and transformation strategy. A strategy expressed and embodied in the group’s new raison d’être “Driving a New Generation of Mobility”. Plastic Omnium aims to achieve economic revenue of around €11 billion in 2025 and over €15 billion by 2030.
At the same time, the capital allocation policy should enable Plastic Omnium to achieve, over the 2022-2030 period, an average annual cash generation target of 3 to 4% of economic revenue as well as a target of Annual Capex of 5% of economic revenue and an average leverage ratio target of net debt to Ebitda limited to 2.
“In the context of accelerating societal and technological changes and mobility uses, Plastic Omnium is presenting an ambitious growth strategy backed by its businesses and driven by the expansion of its offer to lighting and electrification. and creator of value for all of its stakeholders,” said Laurent Favre, Chief Executive Officer of Plastic Omnium.