Trade Resources Industry Trends Fabryki Mebli Forte,Again Increased Its Turnover by 6.5% to PLN156.5m

Fabryki Mebli Forte,Again Increased Its Turnover by 6.5% to PLN156.5m

In the first quarter of 2013 the Polish manufacturer of cabinet furniture, Fabryki Mebli Forte, again increased its turnover by 6.5% to PLN156.5m. The turnover increase achieved in the first three months of this year was, to a great extent, due to a higher sales volume, in particular in Germany – the company's most important market – and in Poland, which is the company's second most important market. Last year's figures were exceeded in all distribution channels. Incoming orders, according to in-company information, also give reason to expect a continuation of the positive trend.The results improved over-proportionately by comparison with turnover. Thus the operating result increased to PLN18m and net earnings for the period attributable to the shareholders increased to PLN13.8m.

Source: http://www.euwid-wood-products.com/news/furniture/single/Artikel/forte-records-further-rise-in-turnover-and-results.html
Contribute Copyright Policy
Forte Records Further Rise in Turnover and Results
Topics: Construction