Earnings release
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PAL GROUPE PLASTIVALOIRE Return to growth in Q1 2020-2021 < In € million Unaudited figures 1st quarter 2019-2020 Plastivaloire Group returned to growth in the first quarter of 2020-2021 ( October to December ) . Revenue totaled € 191.2 million for the period , up 4.0 % in purely organic terms compared to the first quarter of 2019-2020 , which had not yet been impacted by the health crisis . The Group saw a return to almost normal activity levels in all its production zones . Europe¹ confirmed its good momentum , with revenue up 4.9 % to € 168.0 million . Business was only very slightly impacted by the public health restrictions reintroduced during the quarter in certain European countries , including France . In particular , the Group benefited from its positioning on high - potential premium automaker programs and its capacity to seize opportunities in the Industries division . In North America ( United States - Mexico ) , a much improved performance pushed revenue to € 23.2 million , just 2.5 % shy of the figure recorded in the first quarter of 2019-2020 before the outbreak of the health crisis . All in all , the Motor Vehicle ( parts and tooling ) division grew by 2.1 % to € 156.5 million , 183.9 2020-2021 191.2 Change + 4.0 % Industries ( parts and tooling ) division rebounded by 13.4 % and contributed € 34.7 million , or 18.1 % of quarterly revenue . Outlook confirmed The strong business activity recorded in the first quarter has gotten 2020-2021 off to a perfect start , with the positive trend also continuing into the beginning of the second quarter . The basis for comparison will also become very favorable from March . While remaining vigilant to the prevailing uncertainty about the development of the epidemic and the potential impact of the global electronic components shortage on automobile production rates , the Group is now aiming to report its highest revenue ever in 2020-2021 ( more than € 728.4 million ) , with an EBIDTA margin of at least 10 % . Once again , the Group is also aiming for an increase in free cash flow generation , thanks to its earning power and carefully controlled investments . accounting for 81.9 % of Group revenue , while the 1 Including the activity in Tunisia . Plastivaloire Group ranks amongst the very top European manufacturers of complex plastic parts used in retail consumer products . Using innovative solutions , it designs and manufactures these high - tech plastic parts and handles their mass production for the motor vehicle and industries sectors . Plastivaloire Group has more than 6,000 employees and 32 production sites in France , Germany , the United States , Poland , Spain , Romania , Turkey , Tunisia , England , Portugal , the Czech Republic , Slovakia and Mexico . Number of shares : 22,125,600 - Euronext Paris , Segment B - ISIN : FR0000051377 - PVL - Reuters : PLVP.PA - Bloomberg : PVL.FP www.ACTUS.fr