Q2 2023 gross profit decreased 20.8% and gross margin of 35.8% increased 10 basis points.
Flooring
Kährs continues with the plan to lower the capacities in all European factories in steps. The next step is affecting an additional 85 coworkers within its Swedish units.
Mohawk Industries, Inc. announced that Wim Messiaen will join the Company on October 16, 2023, following the completion of his contractual notice, and will succeed Bernard Thiers as president of the Company’s Flooring Rest of the World segment effective February 1, 2024.
LL Flooring Holdings, Inc. announced three new leadership team appointments, all effective July 10, 2023.
Barlinek expects to begin digitally printed flooring production with Hymmen line in Q4 2023. Production capacity is estimated to exceed 10 million square meters per year.
The agreement grants Swiss Krono access to Unilin Technologies' comprehensive digital printing patent portfolio for its past and future roll-to-roll digital printing activities.