Plastivaloire now anticipates sales of around 770 million euros (instead of over 800 million) for the 2023-24 financial year, with an EBITDA margin below that of 2022-23 (compared with slightly above 8.3% initially).
For its first half-year, the plastics group saw its net loss, Group share, narrow to two million euros (versus 15.9 million a year earlier), with EBITDA margin improving by 0.2 points to 8.1%.
Sales, at 405.4 million euros, were down 3.7% in a less favorable economic environment for automotive and industrial production, illustrated by the delay in the launch of two new programs.
The decline in business due to these delays is temporary, and does not call into question the Group's medium-term business plan, thanks in particular to the expected ramp-up of a number of recently-launched programs.
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Plastiques du Val-de-Loire specializes in the design, production and marketing of plastic parts, using the injection process, for convenience goods. Net sales break down by market as follows:
- automotive equipment (80.4%): dashboards, light casings, heating and air-conditioning parts, headlights, etc.;
- industries and consumer products (19.6%): primarily electrical equipments, TV and video equipments (fronts and backs of televisions, fronts of decoders, DVD player shells, etc.), telephony (parts for GSM telephones and telegraphic telephones) and household appliances (parts for micro-wave ovens, mixers, irons, etc.).
Net sales break down by family of products between plastic parts (88.6%), molds and tooling (11.4%).
At the end of September 2023, the group had 31 production sites located primarily in France (11), Europe (12) and North America (4%).
Net sales are distributed geographically as follows: France (49.7%), North America (13.6%) and other (36.7%).
PLASTIVALOIRE 
