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PLASTIQUES DU VAL : PVL: 2007/2008 revenues exceed targets: up 13.1% to EUR 253.4 million

11/13/2008| 01:21pm US/Eastern
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PR Newswire/Les Echos/
 
                          2007/2008 revenues exceed targets:
up 13.1% to € 253.4 million
                                                                                       Over its full ?nancial year, PVL's activities in
                                  In € millions           2006/ 2007/      Change
About PVL                                                                              France are in line with the group's initial target,
                                                          2007 2008
                                                                                       with a 2.5% increase in revenues.
PVL ranks amongst
                                  Q1 (Oct-Dec)             63.5 70.0      + 10.2 %
the very top European
                                                                                       The group also posted a strong increase in
                                  Q2 (Jan-March)           54.3 61.9      + 14.0 %
manufacturers of
                                                                                       overseas revenues, which climbed 23.5%
complex plastic parts
                                  Q3 (April-June)          49.5 58.8      + 18.8 %
                                                                                       to € 140.4 million, namely 55.4% of total
used in retail consumer
                                  Q4 (July-Sept)           56.7 62.7      + 10.6 %
products. It designs                                                                   revenues, thereby outperforming its target. This
and manufactures                  Total over 12 months    224.0 253.4     + 13.1 %     performance is driven by activities in Poland
these plastic parts as
                                                                                       (25.3% of total revenues), Spain (9.3% of total
well as handling their
                                  PVL responds very well to the markets                revenues) and Tunisia (4.3% of total revenues),
mass production. PVL
is present within the                                                                  with the last two continuing to notch up strong
                                  2007/2008 fourth-quarter revenues (July-Oct) for
TV-HiFi, Automotive and                                                                growth as predicted.
                                  PVL grew 10.6% to € 62.7 million. Once again,
Electric and Electrical
                                                                                       Yearly revenues for PVL amount to € 253.4
appliance sectors, with
                                  the group demonstrated an impressive ability to
operations in France,                                                                  million, i.e. 13.1% higher than the group's
                                  compensate for the current dip in the Automotive
Poland, Romania,                                                                       target.
Spain, Tunisia, Hungary           (-17.3% to € 18.7 million) and TV-HiFi (-5.2% to
and Slovakia.
                                                                                       Outlook for 2007/2008 con?rmed
                                  € 16.9 million) sectors and attract new orders for
                                  value-added products in new markets.                 Given the above, PVL should comfortably
                                                                                       generate an operating margin of between 7 and
                                  Overseas revenues up 23.5%                           10% for 2007/2008, versus the 3.7% it posted
                                                                                       for 2006/2007.
If you would like to receive
                                  Change in revenues realized outside France:
?nancial information about
Plastivaloire by e-mail, go to:
                                  In € millions        2006/ 2007/         Change      PVL will present its 2007/2008 yearly results
www.actus-?nance.com
                                                       2007 2008                       on December 10, 2008
                                  Q1 (Oct-Dec)          32.7 39.9         + 22.0 %
Paris Euronext,
                                  Q2 (Jan-March)        26.6 32.0         + 20.3 %
segment C
Number of shares:
                                  Q3 (April-June)       23.4 30.0         + 28.2 %

                                                                                                                                             - 14/11/08
2,765,700
ISIN FR0000051377-PVL
                                  Q4 (July-Sept)        31.0 38.5         + 24.2 %
Reuters PLVP.PA
                                  Total over 12 months 113.7 140.4        + 23.5 %
Bloomberg PVL:FP

PVL, Patrick Findeling and Vanessa Findeling: +33 (0)2 47 96 15 15 - ACTUS FINANCE, Laurence Marquιzy: +33 (0)1 72 74 82 23

                         
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