Plastivaloire Group Revises Financial Outlook Amid Challenges

The Plastivaloire Group has adjusted its financial expectations for the 2024-2025 fiscal year. Due to ongoing uncertainty in the global automotive industry, the Group now anticipates revenue of €665 million, down from the earlier estimate of around €700 million, marking a 5% decline. To mitigate the impact on profitability, Plastivaloire announced the completion of a job-saving plan, which includes closing their Langeais test center site. This plan will limit affected employees to fewer than 15, thanks to internal mobility offers.

The Group is also monitoring the US tariff situation and its potential effects on global automotive production. Plastivaloire already operates two plants in Kentucky and Michigan, emphasizing its presence in the local US market.