Doncaster-based Polypipe (www.polypipe.com) reports that its revenues increased by just under £50 million to £223.3 million during its latest financial half-year, following its £145 million acquisition of ventilation manufacturer Nuaire last August. Its pre-tax profits increased from £23.2 million to £29.9 million. It says the newly acquired business is performing well.

Chief executive David Hall said: “We have delivered another record performance in the first half, continuing the strong momentum from last year. Our strategic focus on the structural growth opportunities, together with the acquisition of our Nuaire ventilation business, has accelerated our growth.

“Despite the uncertain economic back-drop, the long-term structural drivers of our business remain strong, our balanced business model means that we are not overly exposed to any particular sector, and the nature of our production processes enables us to adapt quickly to changes in demand.”