Aliaxis Half Year Results 2010
Financial Results First Half 2010:
- Revenue of € 1,050 million, an overall increase of 9.6% compared to the first half of last year, and a like-for-like* increase of 3.7%.
- Operating income (EBIT) of € 95 million, an overall increase of 83.4% compared to the first half of last year, and a like-for-like* increase of 72.9%.
- Difficult trading conditions persisted in many markets, particularly within Europe.
- Improved trading conditions in North America and stabilisation of demand and margin recovery in Australasia.
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.
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