OPmobility: H1 net income flat

(CercleFinance.com) - For H1 2024, OPmobility (formerly Plastic Omnium) reported stable net income (group share) of E100m, and an operating margin that rose 11.
8% to E234m, or 4.3% of sales (+0.3 point).

At E5.41bn, sales rose by 2.3% (+3.3% LFL), with the automotive supplier claiming organic growth of 3.5% in economic sales, outperforming the market by 3.8 points.

At its meeting on 22 July, the Board of Directors decided to distribute an interim dividend of E0.24 per share for 2024, to be paid ex-dividend on 25 July and in cash on 29 July.

OPmobility confirms its targets for 2024, aiming to outperform global automotive production and improving all its financial aggregates (operating margin, net attributable income, FCF and net debt) compared with 2023.


Copyright (c) 2024 CercleFinance.com. All rights reserved.