FAIVELEY recorded net sales of €619·3m for the year to March 31 2007, in line with company's forecasts and up 8·9% on the €568·9m reported for 2005.

Adjusting the figures to reflect changes to the group structure in the past year gives an increase of 7·4%, or 7·7% at constant exchange rates. The order book was up 17% from the March 31 2006 figure of €737m, standing at €862m on the same date this year, including business acquired with the purchase of Espas Group in February (RG 4.07 p231).