NEWS


Sales and profits decrease at Aliaxis


Belgian pipe manufacturer Aliaxis reported decreased sales and profits in 2024. The company posted a turnover of €3.9 billion in 2024, a fall of around 5% compared to the previous year. At the same time, net profit for the year fell 16% to €240 million, excluding one-off items. “Growth did not material- ise due to several geopoliti- cal and macro-economic factors,” said Thierry Vanlancker, managing director of Aliaxis. The company had one


key setback last year – the closure of its Asheville manufacturing site in the US, following Hurricane Helene in October 2024. This led to business disrup- tion of €11m (affecting profitability) and one-off costs of €31m. “While we will continue to feel the impact into 2025, we are ramping up produc- tion swiftly to be full strength by mid-year,” he said.


19% decrease in building permits issued. The closure of its Lenham site in the UK contributed towards the drop in sales. Lower volumes also affected the top line. In Asia, sales fell by nearly


Vanlancker” “Growth did not materialise due to geopolitical and macro-economic factors”


Despite this upset, sales


in the Americas fell only 2% last year. Stable conditions helped support solid results in Canada. In the US, average sales prices were under pressure as market conditions normalised, following higher demand in 2022 and 2023. Market challenges continued to affect businesses in Latin America, the company said. In EMEA, sales fell nearly 6% and REBITDA by nearly 19%. There was a drop in construction volume and a


2%, but profitability rose by more than 50%. This was partly due to provisions of €13m following withdrawals from specific market segments. The Pacific region saw a sales decline of 8% due to a slowdown in construction markets. In August 2024, Aliaxis bought Johnson Controls’ CPVC pipe and fittings business for residential and light commercial sprinkler systems, generating an annual revenue of approxi- mately US$100m. The company expects


“market challenges to continue across the group in H1 2025”. The impact from the damage in Asheville will also continue. � www.aliaxis.com


Pipeline expands


into Idaho US-based Pipeline Plastics has begun building a new HDPE pipe production plant in Rupert, Idaho. The plant will manufac-


ture HDPE pressure pipes up to 65in in diameter for water, energy, and industrial applications. The “multi-million dollar” new facility aims to meet increasing demand for infrastructure materials. The facility is expected


to create over 50 direct jobs and beome opera- tional by the later part Q3 this year. “We’re excited to bring our manufacturing capabilities to Rupert and deliver solutions built for the future,” according to Jordan Latham, VP of production. Pipeline Plastics


already has four separate production plants in Texas (two plants), North Carolina and South Dakota. � www.pipe.us


Soft market caused Deceuninck sales decline


Belgian profile extruder Deceuninck says profits were stable last year despite lower sales. Full-year sales fell nearly 5% to €827


million, as “soft market conditions led to lower volumes”. Profitability, in the form of adjusted


EBITDA, was flat at around €118m. At the same time, net profit rose by 17% to nearly €16m. Sales in Europe – which accounts for almost half the company’s turnover – fell by 10% to €369m. The decline in North


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America was much less, at nearly 2%, reaching €164m, while sales in Turkey and emerging markets grew around 2% to €294m. Overall sales volumes fell by around 5% across all regions. “In Turkey, we had one of the best historical performances, thanks to our strong brands and extensive dealer- ship network,” said Stefaan Hasp- eslagh, CEO of Deceuninck. European demand remained soft


last year. It said its German operations were restructured within time and


PIPE & PROFILE EXTRUSION | Spring 2025


budget in the second half of the year – which started to take effect. In North America, trading remained “resilient”. In Turkey, it maintained volumes in a market that “cooled down in the second half of the year”. This year, it expects the market


softness to continue. Conditions in Europe will be “challenging”, those in North America “uncertain” – while it expects the Turkish market to “cool down” after years of strong activity. � www.deceuninck.com


www.pipeandprofile.com


IMAGE: ALIAXIS


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