Fourth German Kvik opens in Paderborn

In the fourth quarter of the 2022 financial year, Danish kitchen and bathroom furniture manufacturer TCM Group A/S (Holstebro) reported turnover of DKK274.9m (Oct.-Dec. 2021: 274.2m), equivalent to around €36.9m, and thus achieved a slight 0.3% increase compared to the corresponding period in the previous year. Of...

In December 2022, total turnover generated by US manufacturers of kitchen and bathroom cabinets increased by 9.7% vis à vis the preceding year. Main drivers of growth were made-to-measure and semi-custom cabinets, which increased by 24.8% and 19.3% respectively. In the case of standard stock goods, however, the level...

In the second quarter of the 2022/2023 financial year, price increases and efficiency improvements continued to have a positive impact on results of US kitchen and bathroom furniture manufacturer American Woodmark Corp. (Winchester, Virginia). Adjusted EBITDA more than doubled to US$67.6m (Aug.-Oct. 2021: US$30.8m)....