Aliaxis Half Year Results 2007

Press release -

Financial results for the first half of 2007:

  • Revenue € 1,216 million, an overall increase of 15.8%, and a like-for-like increase of 7%
  • Operating income of € 151 million, an overall increase of 8.6%, and a like-for-like increase of 5.2%
  • Favourable trading conditions in most of Europe especially in industrial & utilities sectors
  • After several years of strong performance, weaker trading in North America due to downturn in housing market and in new residential construction
  • On-going integration of new Latin American businesses, and good level of activity despite slow post-election recovery in Mexico