Tvilum: contrasting turnover and results development

In the 2021 financial year, turnover of flat-pack furniture manufacturer Tvilum A/S (Fårvang) increased by 20% to DKK1.580bn (2020: 1.309bn), which is equivalent to around €212m. Adjusted to account for the acquisition of Steens Group A/S (Kjellerup) at the end of May, organic growth still amounted to 11.3%. The ...

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