Tufted carpets maker Tarkett H1 sales up in North Europe
26 Sep '05
3 min read
Needlepunch & tufted carpets manufacturer Tarkett announced the interim report for the first half (H1) of year 2005.
In the 1st half-year 2005, Tarkett AG achieved sales amounting to € 764.4 million as compared to € 708.7 million in the reference period 2004. This corresponds to an increase of 7.9 percent at current exchange rates and 4 percent at constant exchange rates and at comparable structure.
The sales development by product segment - at constant exchange rates and comparable structure - (figures at current exchange rates in brackets) was as follows: Resilient Floorings grew slightly by 0.9 percent (+7.2 percent), with a plus of 3.7 percent (3 percent) in the Residential and a minus of 1.3 percent (+10.7 percent) in the Commercial sector, including Linoleum. Sales in the Hardwood segment increased by 1,3 percent (-0.5 percent), while Laminate was once again able to continue its growth with a strong plus of 50.3 percent (50.3 percent).
Sales by region and market at constant exchange rates and comparable structure (figures at current exchange rates in brackets) developed as follows: West Europe recorded a slight plus of 1.8 percent (+ 8.2 percent). The markets in detail: France decreased by 5.6 percent (- 6.1 percent) and the UK/Ireland region showed a minus of 6.8 percent (+45 percent).
In contrast to this, South Europe, including the Benelux countries, grew by 11.4 percent ( +7.7 percent) ; the German market, including Switzerland and Austria, reports a plus of 4.4 percent (+ 7.5 percent);whereas North Europe recorded an increase of 8.9 percent (+ 9.9 percent). Once again, sales in East Europe, including Russia, showed a double-digit growth of 17.9 percent (19.1 percent), benefiting from the sales contribution from the joint venture with Sintelon. North America grew slightly by 2.8 percent (1.7 percent).