Aliaxis, a producer of pipes and other plastic plumbing components, closed the previous year with a turnover of 60.7 million euros, after nearly 22 percent growth. The growth was driven by robust activity in both new construction and real estate rehabilitation projects, as reflected in the accounts filed by the group with the Commercial Register. These figures mirror the strong post-pandemic performance of the broader supply business across the sector.
The Alicante operation accounts for a substantial share of the group’s activity, representing sixty-three percent of overall business. Spain remains a key market, with total sales reaching 38.6 million euros. Exports to Europe totaled 15.7 million euros, while sales to other regions amounted to approximately 6.3 million euros. Aliaxis manufactures pipes and related components in Alicante, with contracts managed by the company’s Belgian parent group. The company has highlighted international airport projects in Bahrain and Abu Dhabi as notable examples of its global footprint, as described in the non-financial information included alongside its balance sheets.
Despite rising raw material costs that pressured procurement margins, the company managed to maintain solid profitability, achieving margins around 65.4 percent on a net basis, equating to about 5.3 million euros in earnings. The firm’s performance aligns with expectations for the period, even in the face of market uncertainty in the second half of the year. Management remains optimistic about continuing the growth trajectory and opening the next year with positive results.
The company has announced an ambitious expansion plan that includes enlarging the Alicante facility and releasing industrial land in the Las Atalayas district by the local authorities. This strategic move is considered essential to meet the growth forecasts outlined in the 2022-2025 strategic plan, a plan the Belgian parent views as pivotal for sustaining expansion momentum.
Belgian Aliaxis currently operates a facility that spans about 80,000 square meters of production space and yields around 155 million units annually. The operation processes roughly 10,000 tons of plastic materials each year, and the recycling rate for waste generated in its processes stands at approximately ninety-seven percent. The Alicante administration has granted approval for a plan to add roughly 50,000 additional square meters of production and logistics space in the Las Atalayas area, a project pending final administrative boundaries. In addition, the group runs another facility in Tibi dedicated to raw material extrusion and the treatment of manufacturing stages essential to its product lines.