Plastic Omnium Has Been Assigned A Bb+ Long-term Credit Rating By S&P Global Ratings

4 March 2024

Plastic Omnium, a world-leading provider of mobility solutions, announces that it has been
assigned a Long-Term Credit rating of BB+ from S&P, with a “Stable” outlook.

According to S&P, Plastic Omnium’s BB+ rating drivers include:

  • A worldwide leading position in its main activities, such as bumpers, fuel tanks and
  • front-end modules.
  • Record high order intake equivalent to approximately 2 years of revenues in 2023, reflecting Plastic Omnium’s commercial success and the relevance of its product portfolio.
  • An operating performance illustrated by a proven track record of cash flow generation.
  • A sound financial policy with a strong focus on deleveraging.

This long-term credit rating will support the Group in further diversifying its sources of funding, enhancing access to capital markets, and managing debt maturities in line with the Group strategy.

Laurent Favre - Chief Executive Officer of Compagnie Plastic Omnium SE stated:

“I am very pleased to announce the first long-term credit rating of Plastic Omnium. The decision to assign a BB+ rating, with stable outlook, reflects Plastic Omnium’s strong financial structure and confirms our strategy, with a competitive advantage in geographical footprint, our diversified product portfolio, and solutions provided to our customers.”

The full rating report is available on

About Plastic Omnium

Plastic Omnium is a world-leading provider of innovative solutions for a unique, safer and more sustainable mobility experience. Innovation-driven since its creation, the Group develops and produces intelligent exterior systems, customized complex modules, lighting systems, clean energy systems and electrification solutions for all mobility players.

With €11.4 billion economic revenue in 2023 and a global network of 152 plants and 40 R&D centers, Plastic Omnium relies on its 40,300 employees to meet the challenges of transforming mobility. Plastic Omnium is listed on Euronext Paris, compartment A. It is eligible for the Deferred Settlement Service (SRD) and is part of the SBF 120 and CAC Mid 60 indices (ISIN code: FR0000124570).


Investor relations: Stéphanie LAVAL
[email protected]

Press: Sarah ADIL
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