Plastic Omnium posts profit and revenue rise

07/27/2010

Auto supplier Plastic Omnium says reducing its cost base by 21% during the recession has helped boost revenues and profit during the first half of the year.

For the six months ending 30 June, revenue increased 28.5% to €1.5bn, while profits went up nine-fold to €72.3m.

Revenues went up in all regions...
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