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Demand for plasterboard puts BPB back in profit
15:28 09 Jun 2004
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BPB has reported good growth in plasterboard demand and better
selling prices. It has invested £250m in new plant to
strengthen its global position.
BPB's latest financial results (12 months to 31 March 2004) show turnover 12% higher at £2.2bn, while pre-tax profit was back to a healthy £180m after the previous year's figure was
whittled down as the result of £134m of exceptional charges, which included an £89m EU fine.
European volumes of plasterboard last year were 10% higher at over 570 million m2. There was strong demand in the British Isles, while French volumes continued at a high level.
Building plaster volumes were up 4% to nearly 4.5 million tonnes, with strong growth in the UK and Eastern Europe offsetting a further small contraction in France.
BPB's latest financial results (12 months to 31 March 2004) show turnover 12% higher at £2.2bn, while pre-tax profit was back to a healthy £180m after the previous year's figure was
whittled down as the result of £134m of exceptional charges, which included an £89m EU fine.
European volumes of plasterboard last year were 10% higher at over 570 million m2. There was strong demand in the British Isles, while French volumes continued at a high level.
Building plaster volumes were up 4% to nearly 4.5 million tonnes, with strong growth in the UK and Eastern Europe offsetting a further small contraction in France.
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