Aliaxis reports solid half-year results

Press release -

Aliaxis SA (‘Aliaxis’, ‘the Group’ or ‘the Company’), a global leader in the manufacturing and distribution of advanced plastic piping systems, today announced its results for the six months period ended June 30, 2017.

Highlights – Six months period ended June 30, 2017

  • Revenue of € 1,582.7 million, an increase of 6.1% (3.5% on a like for like basis)
  • Current EBITDA of € 223.1 million, up 10.4% (8.3% on a like for like basis)
  • Current EBIT of € 166.1 million, up 12.6% (10.6% on a like for like basis)
  • Net profit of € 97.5 million, up 24.2%, predominately driven by higher CEBIT, lower non-recurring costs and favourable exchange rate fluctuations
  • Net financial debt amounts to € 548 million and is in line with June 30, 2016
  • Implementation of company-wide transformation and strategy, ‘D.N.A.’, on track
  • Completed divestment of SED Flow Control GmbH to Frankfurt headquartered Samson AG in September 2017


The unaudited interim financial information for the six months period ended June 30, 2017 was presented to the Board of Directors on September 21, 2017.

CEO Laurent Lenoir comments on the results:

“The growth achieved over the first 6 months this year both top and bottom line versus a solid performance in H1 2016 and in spite of resin price increase, is a positive signal. It reflects our ability to capture growth organically or through innovation - predominantly in India and North America - while rationalising our cost base.”