Aliaxis Half Year Results 2012

Press release -

Continued Satisfactory Performance Despite the European Slowdown

Aliaxis, a leading global manufacturer and distributor of plastic fluid handling systems, today released its 2012 half year results which highlight continued satisfactory performance despite the European slowdown.

Highlights for the first half of 2012:

  • Sales revenue amounted to € 1,197 million, an overall increase of 7.3% compared to the first half of last year
  • Current EBIT(**), excluding non-recurring items, amounted to € 114 million, an increase of 12.8% compared to 2011
  • Continuing satisfactory performance in North America and Australasia, stability in Asia, and encouraging progress in South Africa.
  • Solid improvement in operating performance in Latin America.
  • Continued low activity in Europe, with particularly difficult conditions in the UK, Spain and Italy.