Groupe Plastivaloire (PVL) Q2 2025 TU earnings summary

Executive summary

• First-half 2024-2025 turnover reached €346.0 million, down 5.4% year-over-year, reflecting resilience amid a challenging economic environment.

• Second quarter turnover declined 3.0% to €183.8 million, showing improvement over the first quarter due to new program ramp-ups.

Financial highlights

• First quarter turnover: €162.2 million, down 7.9% year-over-year; second quarter: €183.8 million, down 3.0%.

• Automotive division first-half turnover: €285.4 million, down 4.9%; Industries division: €60.6 million, down 7.8%.

• Europe first-half turnover: €304.4 million, down 3.5%; Americas: €41.6 million, down 17.6%.

Outlook and guidance

• Full-year turnover target of €665 million for 2024-2025 is confirmed.

• First-half EBITDA margin expected to align with annual guidance of slightly above 7.7%.

• Ongoing cost and financing structure optimization in response to market conditions.