Aliaxis Full Year Results 2015

Category: Press release, Date: 25 Mar 2016


2015: A record year for Aliaxis!

CEO Laurent Lenoir comments: “2015 was an excellent year for Aliaxis. The Group’s strategy and the commitment of all our people resulted in a record sales and profitability performance that we can all take pride in. We strengthened our global presence by a number of acquisitions and investments. Our position was also reinforced by leveraging our broad product portfolio across the Group, and by an ever-growing focus on serving our customers.”

Highlights:

  • Revenue of € 3,047 billion, an increase of 13.1% compared to 20141
  • Current EBITDA of € 395 million, up 24.4%
  • Current EBIT of € 290 million, up 28.3%
  • Group’s net profit of € 160 million, a € 59 million increase year-on-year
  • Group’s net financial debt decreased to € 508 million
  • Substantial profitability improvement across all regions
  • Smooth integration of Vinidex, a leading manufacturer and supplier of thermoplastic pipe and fitting systems in Australia
  • Three smaller bolt-on acquisitions (US, Singapore and Australia4) in line with the Group’s development strategy
  • Successful refinancing of € 850 million, supporting Aliaxis’ growth objectives

For more information, please read the press release:

Press Release – Aliaxis Full Year Results 2015 (PDF – 58 KB)

About Aliaxis

Aliaxis is a global leader in advanced plastic piping systems for building, infrastructure, industrial and agriculture applications. The company provides communities around the world with sustainable innovative solutions for water and energy, leading the industry in a way that anticipates the rapidly evolving needs of its customers and of society. With a global workforce of about 16,000 employees, Aliaxis offers specific solutions that meet our customers’ most demanding needs across the globe. Aliaxis is active through leading local brands and operating in over 45 countries, combining local solutions with global innovation and operational excellence. The company is privately owned, with its global headquarters in Brussels, Belgium.

More on www.aliaxis.com

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