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Tilo is currently implementing an extensive investment programme at its plant in Lohnsburg. The company has budgeted a total of around €15m for its digital transformation project. The aim is to modernise and expand the machinery...
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Published in issue 41/2021
Austrian flooring manufacturer Tilo GmbH (Lohnsburg) is currently implementing an extensive investment programme at its plant. The company has budgeted a total of around €15m for its digital transformation project. The aim is to...
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In the first half, Forbo Holding - a company specialising in floor coverings, building and construction adhesives as well as power transmission and conveyor belt solutions - increased its turnover by 14.9% to CHF623.1m. Adjusted...
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Published in issue 37/2021
In the first half of 2021, Forbo Holding AG (Baar, Switzerland) - a company specialising in floor coverings, building and construction adhesives as well as power transmission and conveyor belt solutions - increased its turnover by...
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Tarkett is likely to fall short of its medium-term target of achieving an adjusted EBITDA margin of at least 12% in 2022. In its report concerning business development in the first half, the company blamed factors such as slow...
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Published in issue 36/2021
French flooring group Tarkett S.A. (Paris-La-Défense) is likely to fall short of its medium-term target of achieving an adjusted EBITDA margin of at least 12% in 2022. In its report concerning business development in the first...
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Published in issue 19/2021
French flooring group Tarkett S.A. (Paris-La-Défense) concluded the first quarter of 2021 with a turnover decline of 8.5% to €558.8m (Jan.-March 2020: 610.7m). Adjusted to account for currency effects, turnover was 3.8% below the...
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Published in issue 50/2019
The access-floor manufacturer WeGo Floortec GmbH of Haibach taken over by the Irish building materials group Kingspan Group plc of Kingscourt has been trading under the name of Kingspan Access Floors GmbH since 15 October 2019....
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Published in issue 44/2019
Building chemicals and flooring manufacturer Uzin Utz AG (Ulm) has invested some CHF8m (equivalent to approximately €7.3m) in further expanding its Sursee location in the Canton of Luzern, Switzerland. Within the scope of the...
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Published in issue 35/2019
British trading company Sheffield Insulation Group plc (SIG), Sheffield, has sold German raised access flooring manufacturer WeGo Floortec GmbH (Haibach) to Irish building materials group Kingspan Group plc (Kingscourt) –...
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