Aliaxis Full Year Results 2015

Press release -

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