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HNI: profit deteriorates in first quarter of 2022

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Published in issue 19/2022
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US office furniture manufacturer HNI Corp. (Muscatine, Iowa) recorded a decline in profit in the first quarter of the 2022 financial year, despite increased turnover. Turnover rose by 18.2% vis à vis the comparative period of the preceding year to US$572.3m (Jan.-March 2021: 484.3m). Both business divisions (workpla...

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