Plastivaloire: Semi-Annual Revenue of €352.7M, Automotive Compensates for Industrial Decline
Plastivaloire reported a revenue of €352.7M for the first half of the 2025-2026 fiscal year, up by 1.9% (+3.6% at constant exchange rates), slightly exceeding market expectations. However, this overall growth masks a growing divergence: the Automotive sector shows a strong dynamic (+6.6% semi-annually), while the Industries sector records a significant decline of 19.9%, with the Automotive sector accounting for 86% of the semi-annual revenue, compared to 14% for the Industries sector.
Automotive Drives Growth, Industry Sees Significant Decline
The Automotive sector (parts and tooling) generated a revenue of €304.1M in the first half, up by 6.6%, supported by sustained growth in parts sales. In the second quarter alone, this division reached €166.3M (88% of the quarterly revenue), up by 9.8%, reflecting the strong momentum of the programs in which the group is involved in a globally uncertain and volatile economic context. In contrast, the Industries sector contracted to €48.6M semi-annually (-19.9%) and €22.0M quarterly (-32.0%), reflecting a less favorable economic environment. This division represents 14% of the semi-annual revenue and 12% of the second quarter revenue.
Europe Advances, America Remains in Decline for the Semester
Geographically, Europe maintains a good level of activity with €313.9M in semi-annual revenue, up by 3.1% (4.5% at constant exchange rates). The second quarter shows €165.6M (+2.8% of which +4.1% at constant exchange rates). The America region (United States and Mexico) remains under pressure, showing €38.7M in semi-annual revenue, down by 6.8% (-3.6% at constant exchange rates). The second quarter registers a slight growth at €22.7M (+0.1%, +2.6% at constant exchange rates), but this performance remains fragile and does not offset the cumulative semi-annual decline.
2025-2026 Outlook Confirmed Despite Inflationary Pressures
Plastivaloire confirms its revenue target of around €690M for the 2025-2026 fiscal year. The EBITDA margin for the first half will be in line with the annual outlook of around 9%. The group remains vigilant regarding the impacts of the geopolitical crisis in the Middle East, which leads to a significant increase in raw material prices. Simultaneously, efforts to optimize cost and financing structures continue in order to make the group more agile in this evolving environment. Antoine Doutriaux, CEO, emphasized that the group 'demonstrates its resilience capacity in the face of economic uncertainties, amplified since February by the conflict in the Middle East.'
