Date: 4 May 2006
British Plaster Board (BPB), which has been included in the Group's scope of consolidation since December 1, 2005, recorded sales of EUR956 million over the first quarter.
Like-for-like sales advanced by EUR754 million, i.e. 9.1%, including BPB's organic growth of 13.7%. Excluding BPB, the Group's organic growth stood at 8.6%. Sales volumes rose by 6.5%, and sales prices by 2.6%.
Overall, all of the Group's sectors and businesses saw significant advances in sales on a like-for-like basis. Growth is particularly strong in construction-related businesses (especially the Construction Products and Building Distribution sectors), which continued to reap the rewards of buoyant demand in the United States and Europe (except Germany). The Gypsum (BPB) and Insulation divisions posted organic growth of 13.7% and 14.6%, respectively, whilst sales in the Pipe Sector advanced 23.6% like-for-like, on the back of a significant upturn in export sales volumes.
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