TCM anticipates decline in turnover and results

Following the opening of a new kitchen studio in Paderborn on 2 March 2023, Danish kitchen and bathroom furniture manufacturer Kvik A/S (Vildbjerg) is meanwhile represented with four franchise stores in Germany. Managing director of the 280 m² store in East Westphalia is Thomas Dumke. The first German Kvik franchise...

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)....