Sales were up by 8% compared with the corresponding period in 2000, while the operating result rose by more than 54%.
These improvements are mainly due to:
the firm sales prices;
the increasing proportion of products with high added value in the Building and Industries divisions;
the sales volumes continuing at a high level, the enrichment of the product mix and the initial effects of the plan for improving the performance of the Automotive division.
Taken altogether, these factors largely made up for the rise in raw material and energy costs, and for the slowdown in the economy during the second quarter.
The net result (Group's share) is up by more than 42% after setting aside large provisions to fund the plan for improving the performance of the Automotive division