Product category:
Bricks, Blocks and Lintels
News Release from: Hanson
Edited by the Buildingtalk Editorial
Team on 29 June 2006
Hanson PLC trading statement
Hanson PLC is issuing this trading statement in advance of the August 2, 2006 announcement of its interim results for the six months ending June 30, 2006.
Hanson PLC, one of the world's leading heavy building materials companies, is issuing this trading statement in advance of the August 2, 2006 announcement of its interim results for the six months ending June 30, 2006 Overview Hanson expects to report an increase in operating profit* of approximately 10% for the first half of 2006 compared to the first half of 2005 (H1 2005: £197.3m)
This article was originally published on Buildingtalk on 6 Oct 2006 at 8.00am (UK)
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Alan Murray, Chief Executive, said: "The first half performance of both North American divisions has been excellent, and our UK Aggregates, Australian and Continental European operations have performed well".
"These have more than offset difficult market conditions for our UK Building Products division".
"We have completed over £500 million of acquisition investment so far this year and earnings from these transactions are in line with our expectations".
"Overall, we look forward to further progress in the second half of this year." Please find attached the full Trading Statement.
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