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Hanson delivers record results

London-based building materials giant Hanson PLC today reported that 2006 operating profit increased by 15.1% to £562.7m, following an increase of 15.4% in 2005. Acquisitions made in 2006 added £47.9m to operating profit. Property profits increased by £17.8m to £32.7m (£14.9m). Heritage operating profit from Hanson's six divisions increased by £12.2m. Strong selling price discipline led the heritage improvement, recovering significant input cost increases as well as reflecting the underlying economic value of long term mineral reserves. Group operating margin increased by 0.7ppts to 12.8% (12.1%).



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