Home breadcru News breadcru Company breadcru Interface modular carpet segment orders up 14% Y-O-Y

Interface modular carpet segment orders up 14% Y-O-Y

25 Oct '07
2 min read

"We are very pleased with our performance during the third quarter of 2007, in which we saw strong growth in revenue and record levels in operating margin and income from continuing operations," said Daniel T. Hendrix, President and Chief Executive Officer.

"Driven by the continuing strength of the corporate office market and our segmentation strategy, our modular business continued its strong performance in the period, as revenues grew more than 20% to record levels across each of our key geographic regions of the Americas, Europe and Asia-Pacific."

Patrick C. Lynch, Senior Vice President and Chief Financial Officer, commented, "We are extremely pleased with the results of the quarter, particularly with respect to our modular carpet segment. Sales in that segment increased 25.5% year-over-year with its operating income increasing 44.9%.

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Interface Inc

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