Aliaxis Half Year Results 2006

Press release -

Financial results for the first half of 2006:

  • Turnover € 991 million, a like-for-like increase of 10.2%
  • Operating result € 139 million, a like-for-like increase of 33%
  • Good level of demand throughout Europe reflected in improved performance despite steadily increasing raw material prices in first half
  • Lower volumes in North America, but stronger result due to sustained recovery in prices and margins following weakness in early part of 2005
  • Improved results in Asia, but trading in Australasia more difficult
  • Full year’s results for 2006 will be presented under IFRS for the first time