Trade Resources Company News Turnover Development Slackened off Again in The Third Quarter for Fabryki Mebli Forte

Turnover Development Slackened off Again in The Third Quarter for Fabryki Mebli Forte

Following a very positive turnover development with an increase of 15% in the first half of 2012, turnover development slackened off again in the third quarter for Polish cabinet furniture manufacturer Fabryki Mebli Forte.

Nevertheless a very considerable turnover improvement of 22% had been achieved in the third quarter of the previous year so the comparative value was extremely high. In the period between July and September 2012 the furniture manufacturer‘s turnover dropped by 4.2% to PLN137.3m whilst the key results figures developed along better lines.

The operating result at PLN11.6m remained fairly stable at the previous year’s level. Accumulated over the first nine months of this year Forte increased its turnover by 7.7% to PLN400.7m and by 3.7% to €95.5m compared to last year.

Source: http://www.euwid-wood-products.com/news/furniture/single/Artikel/forte-has-improved-results-in-third-quarter-of-2012.html
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Forte Has Improved Results in Third Quarter of 2012
Topics: Construction