The Swedish kitchen company Nobia suffered another 6 % drop in revenues to SEK12.343bn in 2012. UK operations booked the strongest fall in turnover, plunging by 10 % to SEK4.03bn, followed by Continental Europe with an 8 % decline to SEK3.081bn. On the other hand, Nobia managed to replicate the previous year’s turnover in Scandinavia with sales of SEK5.232bn.
Source:
http://www.euwid-wood-products.com/news/furniture/single/Artikel/nobia-write-offs-lead-to-losses-in-the-millions.html
