Aliaxis Annual Report 2006

Annual report -

Highlights:

  • First year of reporting under IFRS.
  • Revenue of €2,116 million, a like-for-like increase of 6.2% over 2005.
  • Operating income of €271 million (12.8% of revenue), a like-for-like increase of 29.3%. • Further reduction in net fi nancial debt, by 17% to €473 million.
  • Basic earnings per share €1.93 (2005: €1.43), an increase of 35%. Fullydiluted earnings per share €1.92 (2005: €1.42).
  • Proposed dividend of €0.19 gross per share (€0.1425 net), an increase of 19%.

Aliaxis’ strong overall performance in 2006 resulted mainly from a second successive year of good profit growth by the Group’s businesses in North America, combined with improved trading conditions throughout Europe.