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PAL , GROUPE PLASTIVALOIRE 3rd quarter growth : + 71 % < In € million 19-20 20-21 Change Unaudited figures 1st half 366.7 373.3 + 1.8 % 3rd quarter 93.9 160.9 9 months 460.6 534.3 + 71.4 % + 16.0 % Groupe Plastivaloire recorded strong growth in the third quarter of 2020-2021 ( April to June ) with revenue rising 71.4 % to € 160.9 million ( 73.4 % at constant exchange rates ) . The third - quarter comparison base was favorable due to the prior - year period impacts of the Covid - 19 crisis and the subsequent closures imposed at all our production sites for almost two months . However , it was mitigated by the global shortage of electronic components , which has slowed production rates and forced automakers to resort to " stop & go " manufacturing at their plants since March . Over nine months , revenue was up 16.0 % ( up 18.4 % at constant exchange rates ) to € 534.3 million , a similar level to the first nine months of 2018-2019 . The Group posted revenue of € 472.8 million in Europe ' , representing a 16.3 % increase ( 17.8 % at constant exchange rates ) . In the Americas , revenue for the period rose 13.8 % to € 61.5 million ( up 23.1 % at constant exchange rates ) . Despite the global decline in automotive production , revenue for the Motor Vehicle division ( parts and tooling ) over the nine - month period was up 15.0 % at € 435.5 million . The Industries division ( parts and tooling ) confirmed its positive trend , reporting a 20.4 % increase in nine - month revenue , which came in at € 98.7 million . These divisions account for 81.5 % and 18.5 % of the Group's activity , respectfully . Outlook The shortage of electronic components has persisted and is expected to further disrupt industrial production over the next few months , especially in the automotive industry . In response , the Group is adjusting its production capacities and costs in line with business volumes . In view of this economic uncertainty and the current visibility for the month of September , the Group is cautiously adjusting its annual revenue guidance to between € 670 million and € 680 million ( versus the previous target of more than € 700 million ) , but maintaining its EBITDA margin target at more than 10 % , thanks to its operational optimization measures . The Group remains on track to fully reap the benefits of its commercial and productivity strategy as soon as industrial production , particularly in the automotive industry , returns to pre - crisis levels . 1 Including the activity in Tunisia . Number of shares : 22,125,600 - Euronext Paris , Segment B - ISIN : FR0000051377 - PVL - Reuters : PLVP.PA - Bloomberg : PVL.FP