Aliaxis Half Year Results 2011

Press release -

Financial results for the first half of 2011:

  • Sales of € 1,115 million, an overall increase of 6.2% compared to the first half of last year and a like-for-like* increase of 6.3%.
  • Operating income (EBIT) of € 116 million includes a non-recurring profit of € 15 million, and is 22.4% higher than the EBIT of the first half of last year. This corresponds to a like-for-like* increase of 22.8%.
  • Increased sales levels in Europe, but contrasted performance across regions.
  • Satisfactory performance in North America and Australasia. Good performance in Asia but challenging market conditions in South Africa.
  • Overall increase of sales in Latin America, difficult conditions persisted in some regions