Aliaxis Half Year Results 2008

Press release -

Aliaxis Half Year Results 2008:

  • Revenue of € 1,159 million, an overall decrease of 4.7%, and a like-for-like* increase of 0.7%.
  • Operating income (EBIT) of € 105 million, an overall decrease of 30.1%, and a like-for-like* decrease of 26.4%.
  • Current EBIT** of € 130 million, an overall decrease of 13.8%, and a like-for-like* decrease of 10.1%.
  • Difficult conditions in certain European markets such as Spain, Italy, and in particular, the UK. Trading in North America resilient in a difficult economic environment. Mixed performance in LatinAmerica and the rest of the world.
  • Disposal of Greenwood (UK) and acquisition of RX Plastics (New Zealand) during the period. Acquisition of Dalpex (Italy) in July, and agreement to acquire Provinil (Brazil) in September