Deceuninck sees higher net profit in second half of 2015

Deceuninck NV

22/07/2015 06:23

BRUSSELS, July 22 (Reuters) - Belgian PVC window frames 
maker Deceuninck  DECB.BR  said on Wednesday it expected net 
profit to rise in the second half of 2015, adding that it would 
be able to pass on higher raw material prices to customers. 
    The group said prices for PVC had reached a record level 
after four consecutive raw material cost increases since March. 
    In the first half, the group saw an increase in sales in all 
of the regions where it does business, except for central and 
eastern Europe, especially due to lower sales in Russia. 
    Deceuninck made a net profit of 4.7 million euros ($5.14 
million) in the first half, well above the 0.4 million in the 
same period last year. 
($1 = 0.9142 euros) 
 
 (Reporting by Robert-Jan Bartunek; Editing by Sunil Nair) 
 ((robertjan.bartunek@thomsonreuters.com; +32 2 2876850; Reuters 
Messaging: robert-jan.bartunek.thomsonreuters.com@reuters.net)) 
 
Keywords: DECEUNINCK RESULTS/