OPmobility engages in the manufacture and sale of exterior vehicle lighting systems, batteries, and electrification systems for electric mobility in Europe, North America, China, rest of Asia, South America, the Middle East, and Africa. The company operates through three segments: Exterior Systems, Modules, and Powertrain. Its Exterior Systems segment provides intelligent exterior systems; and automotive lighting systems, headlights, and signal lighting to intelligent, and other lighting products. The company's Powertrain segment offers clean energy systems comprising energy storage and emission reduction systems for various types of gasoline, diesel, hybrid, and plug-in hybrid powertrains; designs and manufactures battery systems, electronics, and power electronics components for electric mobility of trucks, buses, trains, and construction machineries. This segment also designs and manufactures hydrogen solutions, including high-pressure fuel tanks, fuel cell stacks, and integrated systems. Its Modules segment engages in the design, development, and assemble of modules (HBPO). In addition, the company provides intelligent exterior systems, including bumpers, tailgates and spoilers, and body panels; onboard energy storage and emission reduction systems comprising selective catalytic reduction and fuel systems, and filling pipes. Further, it offers modules and personalization products, which include front-end module, active grille shutter, active rollo, and interior and charge lid modules; and lighting solutions, including interior, body shell, and front and signal lighting, as well as projection system and lighting electronics. The company was formerly known as Compagnie Plastic Omnium SE and changed its name to OPmobility in March 2024. OPmobility was founded in 1946 and is headquartered in Levallois-Perret, France. OPmobility is a subsidiary of Burelle SA.

OPMOBILITY

OPmobility is a company that develops and manufactures solutions and systems for the automotive industry, focusing on a new generation of mobility technologies.

OPmobility

OPmobility is a world leader in sustainable mobility and a technology partner to mobility players worldwide. Driven by innovation since its creation in 1946, the Group is today composed of five complementary business groups that enable it to offer its customers a wide range of solutions: intelligent exterior systems, complex modules, lighting systems, energy storage systems and battery and hydrogen electrification solutions. OPmobility also offers its customers an activity dedicated to the development of software, OPn'Soft.

SOME NUMBERS IN 2023
📍Economic revenue: €11.4bn (+20.3% vs. 2022)
📍Operating margin: €395m i.e. 3.8% of revenue (+8.6% vs. 2022)
📍Carbon neutrality achivements: -30% of CO2 emissions vs. 2019 (excluding Lighting) and OPmobility awarded an “A” rating by CDP.


📣 The C-Power team of OPmobility welcomed Laurent Bili, the French Ambassador to the US, and Yannick Tagand, Consul General of France  in Chicago, to its Huron office yesterday. They were joined by Youssef Souiba, Executive VP and President of our C-Power Business Group.

During their visit, Ambassador Laurent Bili personally came with the 2024 Franco-American Economic Report. This publication highlights the economic relations between France and the United States, offering a detailed state-by-state analysis. We are thrilled to be featured in the “Success Story” section for #Michigan, showcasing OPmobility’s achievements.

We are honored by this recognition and extend our thanks for this memorable moment! 

#AlwaysOnTheMove #FranceUSRelations

𝗢𝗣𝗺𝗼𝗯𝗶𝗹𝗶𝘁𝘆 𝗮𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝗱 𝘁𝗵𝗶𝘀 𝗺𝗼𝗿𝗻𝗶𝗻𝗴 𝗶𝘁𝘀 𝗿𝗲𝘀𝘂𝗹𝘁𝘀 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗳𝗶𝗿𝘀𝘁 𝗵𝗮𝗹𝗳 𝗼𝗳 𝟮𝟬𝟮𝟰

OPmobility published its H1 2024 results, delivering solid growth across all its business segments, outperforming the market and improving its profitability.

The Group is fully on track, and this performance reflects the benefits of the transformation we are pursuing each month to address the new #mobility challenges. 

These #results, achieved thanks to the mobilization and commitment of our 40,300 employees, form a solid foundation, making us confident in the achievement of our 2024 objectives.

#AlwaysOnTheMove #Innovation #Sustainability #FutureofMobility 

Read the full release here : https://lnkd.in/eDPXtbig

𝗪𝗲'𝗿𝗲 𝗲𝘅𝗰𝗶𝘁𝗲𝗱 𝘁𝗼 𝘂𝗻𝘃𝗲𝗶𝗹 𝘁𝗵𝗲 𝘁𝗵𝗶𝗿𝗱 𝗲𝗱𝗶𝘁𝗶𝗼𝗻 𝗼𝗳 𝗼𝘂𝗿 𝘀𝗲𝗿𝗶𝗲𝘀 "𝗢𝘂𝗿 𝗣𝗹𝗮𝗻𝘁𝘀 𝗔𝗿𝗼𝘂𝗻𝗱 𝘁𝗵𝗲 𝗚𝗹𝗼𝗯𝗲".  

This episode highlights our OPmobility Lighting plant in #Tangier, #Morocco. Situated in the heart of Morocco's vibrant landscape, our Tangier plant stands as a symbol of #innovation in automotive #lighting. Since its establishment in 2018, this strategic facility has been home to 800 dedicated employees, producing top-tier automotive lamps for renowned clients.  

Stay tuned as we continue to showcase the incredible work happening at our plants worldwide!

🚆𝗣𝗼𝘄𝗲𝗿𝗶𝗻𝗴 𝘁𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗥𝗮𝗶𝗹!

OPmobility has secured a contract with Stadler, one of the largest rail vehicle manufacturers in the world, to equip hydrogen-powered regional trains in Italy!

We will deliver high-pressure #hydrogen storage systems and powerful 150-kW fuel cell systems, ensuring efficient and clean energy. Starting with 15 trains, our deliveries are set until late 2025.

Hydrogen trains, with their high range and quick refueling, are a game-changer for decarbonizing rail mobility. They can operate on all types of electrified or nonelectrified routes without major infrastructure investment and represent a major opportunity for growth at a time when a large part of global rail networks remain non-electrified - around 28% in China, 40% in Europe and 95% in the United States.

With a presence across the entire value chain and industrial capacity in Europe, North America and Asia, OPmobility is positioned as a major player in the hydrogen sector. The Group’s 2030 market share targets are 25% for hydrogen storage, 10% for EKPO Fuel Cell Technologies GmbH fuel cell stacks, and 10% for fuel cell systems.

#AlwaysOneTheMove #HydrogenMobility #CleanEnergy #RailTransport #Sustainability #Innovation

𝟮𝟬𝟮𝟰 𝗵𝗮𝘀 𝘁𝗮𝗸𝗲𝗻 𝗮 𝗻𝗲𝘄 𝘁𝘂𝗿𝗻 𝗳𝗼𝗿 OPmobility !  
 
We began by revealing the transformation of the company into OPmobility which, rooted in its rich past, looks to the future. Then came the integration of this new name into the Euronext CAC SBT 1.5 index, transitioning to #OPM, 60 years after our official public listing. 
 
The opening of our first plant in #Texas and our first quarter results confirm our direction and vision to drive a #NewGeneration of #Mobility.  
 
Thank you to our employees, partners and shareholders for their unfailing support. 
 
#AlwaysOnTheMove

The 24h of Le Mans concluded this weekend, shining a spotlight on hydrogen!

This year, the Hydrogen Village made its debut at the 92nd edition, showcasing pioneering projects like #MissionH24, of which OPmobility is a key participant. Since 2020, OPmobility has been the exclusive supplier of hydrogen storage systems for race cars, contributing to the development and testing of emission-free technologies in this innovative hydrogen category. 

The world of motorsport has always driven technological advancements, unveiling innovations like the #H24EVO from the #MissionH24 project lineup. These prototypes, including predecessors #LMPH2G and #H24, serve as pivotal testbeds for #hydrogen technology, showcasing its potential for emission-free racing. These cars designed by engineers racing on circuits propel research into the #hydrogen vehicles of tomorrow. It's the fusion of mechanics and cutting-edge technology that makes these prototypes exceptional.  

The #24LeMans has been around for 100 years, and it's a significant step forward to showcase new hydrogen-related technologies. 

#AlwaysOnTheMove #motorsport #LeMans24 #PushingTheLimitsForBetter  Automobile Club de l'Ouest

	Dec '21	Dec '22	Dec '23
net income	126.37M -	167.61M 32.63%	163.12M 2.67%
depreciation and amortization	475.26M -	498.56M 4.90%	515.65M 3.43%
deferred income tax	-5.30M -	-19.66M 271.08%	-48.18M 145.06%
stock based compensation	1.97M -	425K 78.43%	149K 64.94%
change in working capital	-71.47M -	-219.84M 207.58%	60.59M 127.56%
accounts receivables	125.48M -	-46.47M 137.03%	-85.44M 83.86%
inventory	40.72M -	-71.46M 275.49%	-129.32M 80.98%
accounts payables	-170.87M -	83.63M 148.94%	224.41M 168.35%
other working capital	-66.81M -	-185.54M 177.74%	50.95M 127.46%
other non cash items	975.25M -	1.05B 7.80%	1.04B 1.09%
net cash provided by operating activities	544.92M -	446.58M 18.05%	709.42M 58.86%
investments in property plant and equipment	-305.30M -	-380.42M 24.61%	-566.06M 48.80%
acquisitions net	7.65M -	67.02M 775.90%	62.44M 6.83%
purchases of investments	-101.03M -	-176.41M 74.60%	-3.50M 98.01%
sales maturities of investments	237K -	6.28M 2,551.05%	14.78M 135.29%
other investing activites	4.12M -	21.62M 424.61%	21.33M 1.32%
net cash used for investing activites	-394.32M -	-461.91M 17.14%	-471.00M 1.97%
debt repayment	-21.33M -	-48.32M 126.52%	-86.31M 78.64%
common stock issued
common stock repurchased	-19.44M -	-16.31M 16.07%	-2.81M 82.77%
dividends paid	-42.79M -	-24.45M 42.86%	-34.06M 39.29%
other financing activites	-44.24M -	-308.78M 597.92%	-26.36M 91.46%
net cash used provided by financing activities	-85.14M -	-301.23M 253.82%	-149.54M 50.36%
effect of forex changes on cash	-1.80M -	-4.21M 133.98%	-15.46M 266.97%
net change in cash	62.65M -	-317.01M 606.03%	61.81M 119.50%
cash at beginning of period	829.99M -	892.64M 7.55%	575.63M 35.51%
cash at end of period	892.64M -	575.63M 35.51%	637.44M 10.74%
operating cash flow	544.92M -	446.58M 18.05%	709.42M 58.86%
capital expenditure	-305.30M -	-380.42M 24.61%	-566.06M 48.80%
free cash flow	239.62M -	66.16M 72.39%	143.36M 116.69%

COM:OPMOBILITY

OPmobility

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