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Tag: sales

Kährs Group: Strong sales growth with stable underlying operating profit

Kährs Group, flooring, Sweden, second quarter report, strong sales growth

Net sales for the Kährs Group totalled SEK 844 million (792), or US$95.4 million, an increase of 7 per cent compared with the same period in 2017. Organic sales growth was 6 per cent. Operating EBITA rose 1 per cent and totalled SEK 76 million (75), or US$8.6 million corresponding to an operating margin of 9.0 per cent (9.5). Market …

South African softwood suffer weak sales as domestic construction activity falls

South Africa, ITTO, softwood, hardwood, construction, sales, wood-based panels

Imported hardwoods however are facing buoyant sales The final quarter of the year is usually the busiest time for the building sector but pine mills have shown lackluster sales. If current market conditions continue into the New Year, competition for sales will be rife. Many pine mills are still feeling the strain of the last round of log price …

Editor’s pickANDRITZ announces results for 1H/2017

andritz, sales, first half results

ANDRITZ headquarters in Graz, Austria International technology Group ANDRITZ announced satisfactory sales in the first half of 2017. Sales remained stable, amounting to EUR2.7 Bn in the first half of 2017 (+0.6% YoY). Sales in 2Q dropped 5.6 per cent to EUR1.39Bn compared to the same period last year.  A strong first quarter saw order …

Södra construction timber sales reach an all time high

Sodra, construction, timber, wood, sales

Swedish timber giant Södra broke its record for construction timber sales in its own market in April and May with the latter month seeing figures hit an all-time high.   Almost 275,000 cubic metres of construction timber were delivered, “a clear signal that the use of wood in building construction is increasing, which is positive …

Italian woodworking machinery sales rise in 2016, giving cause for optimism

Acimall, Italian woodworking machinery, sales, domestic, international

Italy’s woodworking machinery sector turned around for the better in 2016 with domestic and international sales giving manufacturers much to smile about after several years of lull. Domestic sales rose 31.6 percent to EUR592 million in 2016. Export revenue was up 5.1 percent to reach EUR1.4 billion, mostly to North America, according to …

HOMAG: Sales revenue up nearly 5% in 1H/2016

HOMAG Group, sales revenue, 2016, first half

Sales revenue for the HOMAG Group rose nearly 5% to EUR 527 million in the first half of 2016. Order intake was EUR 551 million, reaching similar levels to the Group's prior year results despite negative exchange rate effects (prior year: EUR 557 million). “Thanks to our global footprint, we have been able to compensate for weak markets …

Improvement in wood product manufacturing in the U.S. but decline in furniture retail sales

wood product manufacturing, furniture retail sales

Economic activity in the manufacturing sector for the U.S. expanded in May for the third consecutive month, according to the Institute for Supply Management. In April, wood product manufacturers reported the strongest growth of all manufacturing industries. The wood products industry led the manufacturing sector in terms of production growth and …