Group strategic transformation bringing positive 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 12 months period ended December 31, 2017

Highlights – 12 months period ended December 31, 2017

  • Revenue of €3,095 million, an increase of 4.9%
  • Current EBITDA of €411 million, up 14.7%
  • Current EBIT of €300 million, up 23.4%
  • Net profit of €157 million, up 44.5%
  • Net financial debt decreased by €107 million to €357 million at December 31, 2017 - Net leverage of 0.9
  • Implementation of company-wide transformation and strategy, ‘D.N.A.’ (Delivering the New Aliaxis), on track
  • Completed divestment of SED Flow Control GmbH to Frankfurt headquartered Samson AG in September 2017
  • Acquisition of Studor, a highly specialised leader in drainage ventilation and air admittance valve technology, in Q4
     

CEO Laurent Lenoir comments on the results:

“I would like to thank the Aliaxis employees for their contribution to these record results, the highest ever in Aliaxis’ history. This excellent performance, driven by our leadership positions combined with a number of consolidation or simplification initiatives, should further strengthen our transformation agenda and further materialise through an increasing number of initiatives.”