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Homag's FY 2019 sales decreased by 1.5%

HOMAG, sales, decline, EBIT

In the 2019 financial year, the Homag Group sales summed up to Euro 1,279 million, compared to Euro 1,298 million in the previous year. The order backlog was worth Euro 546 million as of December 31, 2019, and incoming orders reduced significantly to Euro 1,220 million. The EBIT is marked by the one-off-expenses put in place to support the …

Armstrong Flooring’s 3Q net sales decreased by 20.7% to $165.6 million

Armstrong Flooring, 3Q, earnings, net sales, EBITDA, Pennsylvania, North America, resilient flooring products

In 3Q 2019, Armstrong Flooring’s net sales declined 20.7% to $165.6 million from $208.9 million in the 3Q 2018, this includes a negative currency impact of 90 basis points. The decrease in net sales was primarily due to unfavourable volumes and mix, according to the company’s press release. Net loss in the 3Q 2019 was $31.4 million, …

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