Aliaxis Half Year Results 2016

Category: Press release, Date: 23 Sep 2016

Half-year results slightly down compared to previous year, primarily due to unfavourable exchange rate fluctuations and some non-recurring costs

CEO Laurent Lenoir comments: “Thanks to the focus on continuous improvement, we did manage to increase our contribution margin in the first half of 2016, while reviewing the group’s strategic directions towards a more integrated approach. We are confident we have the right strategy and priorities in place for the long term development of the Company into a strong global leader.”

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.

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