Materials group reports 6% fall in profit to 拢181m as turnover rises 2% to 拢2.04bn
好色先生TV materials giant Hanson has reported a 6% drop in profit after being hit by the US housing slump.
Hanson's low-energy house at Offsite 2007
Pre-tax profit for the six months to June 30 fell to 拢181.8m compared with 拢193.6m in the corresponding period last year. Turnover rose 2% to 拢2.04bn from 1.99bn last year.
Alan Murray, Hanson chief executive said: 鈥淗anson has delivered solid results against the background of challenging conditions. Our strong selling price discipline has been maintained and we continue to invest in the future growth of our business through acquisitions and capital expenditure.鈥�
HeidelbergCement鈥檚 takeover of Hanson is expected to complete at the end of August after the acquisition was approved by Hanson shareholders this week.
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