Villeroy & Boch: growth has weakened to the first half-year

In the bathroom furniture segment, following a downturn in demand which began during June 2022 at the latest and intensified over the summer months, there has still been no significant upturn observed in the fourth quarter. Sales via the furniture trade - which, after a good start to the year, was in some cases already...

In September 2022, total turnover generated by US manufacturers of kitchen and bathroom cabinets increased by 23.8% vis à vis the preceding year. The most significant increase was recorded in the case of semi-custom, which rose by almost one-third. According to the Kitchen Cabinet Manufacturers Association (KCMA),...

In the third quarter of 2022, Danish kitchen and bathroom furniture manufacturer TCM Group A/S (Holstebro) lowered its turnover and results forecast due to poor development. With turnover of DKK265m and adjusted EBIT of DKK21m, both key figures will fall short of expectations in the third quarter. In the same period...