Aliaxis Full Year Results 2005

Press release -

Results for the year 2005:

  • Sales of €1,834 million, a like-for-like increase of 7.5% over 2004.
  • Operating income of €231 million (12.6% of sales), a like-for-like increase of 13.8%.
  • Exceptionally strong trading in North America in second half of 2005 due to sustained strength of housing market and ability to supply market demand profitably following hurricanes Katrina and Rita.
  • Upturn in demand in some European markets, although Germany and UK more difficult with falling consumer confidence affecting key housing markets.
  • Another significant reduction in net financial debt, by 14% to €566 million, thanks to strong operating cash flow.
  • Group share of net current profit €147 million, equivalent to €1.72 per share (2004: €1.17 per share), an increase of 47%.
  • Group share of net current cash fl ow €213 million, equivalent to€2.48 per share (2004: €1.95 per share), an increase of 27%.
  • Proposed dividend of €0.16 gross per share (€0.12 net), an increase of 9%.