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Mohawk Industries posts record-breaking results

Excellent results have been reported by the ceramic flooring segment - the factories of American Oleander, Dal-Tile, Emilgroup, KAI group, Kerama Marazzi, Marazzi, Ragno and Polcolorit - Ceramica Marconi, with production facilities in the US, Mexico, Italy, Spain, Bulgaria, Poland and Russia.

Sales have risen from US $ 3.175 billion in 2016 to $ 3,405 billion in 2017 (+ 7%, representing 36% of Mohawk Industries sales); business revenue reaches USD 545 million (16% of sales) from 2016.

These figures strengthen the position of the multinational American Holding as the world's largest ceramic tile manufacturer and distributor with a leading market position in North America, Western and Eastern Europe and Russia. The results in the first quarter of 2018 are also positive.

By presenting the results to the market and to the shareholders, Chairman and Chief Executive Officer of Mohawk Jeffrey S. Lorberbaum pointed out that the credit for these results was due to the strong organization and long-term strategy of the group, backed by $ 6.6 billion in investment Five years.

link to article: http://www.ceramicworldweb.it/cww-en/news/tiles/mohawk-industries-posts-record-breaking-results/

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