An apparatus for manufacturing plastics items provided with external undercuts, comprising at least one compression molding unit, which is composed of an upper male mold part comprising a plug and of a lower female mold part aligned, along a vertical axis, with the male mold part, means for actuating the mold parts between a spaced position, at which a dose of plastics sufficient to form an item is deposited in the female mold part, and a mating position for producing the compression molding of an item, the male mold part comprising a plug and an ejector that is associated with the plug in order to remove the molded item when the mold parts are in the spaced position, further comprising a bushing that is arranged externally and coaxially to the plug, a plurality of sectors for forming raised portions and undercuts on the outer surface of the item, the sectors being coupled axially to the bushing and being able to expand with respect to the plug, means for actuating the sectors between a position that produces mating with the plug in order to allow the compression molding of the item and the molding of the raised portions and undercuts, and a spaced position in order to allow to remove the molded item from the plug.
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