Today, Wavin - Jaarverslag.com

Wavin Annual Report 2010 | page 23Other Building systemsProducts in this segment complete our above ground offering in a limited number of our Europeanmarkets. These mainly consist of products for niche segments, such as roof gutters and electricalconduits. Revenue in this segment shrank 8.7% to € 49.4 million.Revenue Below Ground(€ × 1 million) 2010 2009 CHANGE % OF TOTALFoul Water Systems 372.8 349.0 6.8% 30.3%Water Management 142.1 133.0 6.8% 11.5%Cable Ducting 53.3 54.7 (2.6%) 4.3%Water & Gas 156.2 147.4 6.0% 12.7%Total Below Ground 724.4 684.1 5.9% 58.8%Roll-out of WaterManagementsolution continuedFoul Water SystemsFoul Water Systems’ revenue increased 6.8% to € 372.8 million, with growth realised in key emergingmarkets. We extended our Tegra range of manholes and inspection chambers, offering enhancedfunctionality and ease of installation in diameters from 425mm to 1000mm. We made progress withsustainable manufacturing, nearly doubling our production of PVC multi-layer pipes, with recycledmaterial in the core, reducing material use. Greater fl exibility, lower installation costs and durabilitysupport the long-term trend of substituting traditional materials with plastics in Foul Water Systems.Water ManagementWater Management offers intelligent solutions for managing rainwater run-off from hard surfaces likeroofs and roads to groundwater. Revenue in the segment grew by 6.8% to € 142.1 million, from€ 133.0 million in 2009. Recent examples of fl ooding following intensive rainfall in various countries haveunfortunately again proven the need to have solutions in place in both the residential and non-residentialsectors to manage the increasingly severe rainfall. During the year we continued to roll out Intesio, nowavailable in seven countries. Intesio is a comprehensive water management solution consisting of a fullrange of products, as well as project design and calculation tools for civil engineers and investors.Recent introductions to complete the Intesio offering included fl ow controls and hydrodynamicseparators to remove impurities from rain water before infi ltration or discharge.Cable DuctingCable Ducting, including fi bre to the home systems, was impacted by a weak new residential marketand postponement of large projects. The second half of the year showed some recovery with the launchof various large projects that will accelerate in 2011. Revenue was € 53.3 million, down 2.6% on 2009.Water & GasWater & Gas reported turnover of € 156.2 million, 6.0% up compared to 2009. Growth stemmedprimarily from emerging markets.Wavin Technology & InnovationIn 2010, 14.6% of Wavin’s revenue came from products that have been on a specifi c market for less than fi veyears. Our research and development organisation, Wavin Technology & Innovation (T&I), forms an integral part ofthe newly established Marketing & Technology department and plays an essential role in the Group’s innovationefforts. With 55 employees, Wavin T&I engages in the full cycle of product and process development, in closecooperation with our business units and operating companies. A similar effort is made for local innovations atregional level. Several products were launched during the year and Wavin T&I was instrumental in thedevelopment of these. They include the next generation Hep 2O push-fi t fi ttings for hot and cold water supply, anextended range of fi lters for our Intesio Water Management solution, and Flexius pipes for surface heating andcooling systems. Testing facilities for water management and hot and cold water applications were expanded.