VDM revises 2022 turnover forecast downward

Increase of 13.4% recorded in first half year mainly due to price effects

On account of changes in the general conditions, the Verband der Deutschen Möbelindustrie (VDM), Bad Honnef, currently still expects turnover growth of 6-8% for 2022 as a whole. This increase is expected to ensue exclusively from price effects; in terms of volume, however, a slight decline is anticipated. In Februar...

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