, February 21, 2019
The Urethane Blog
Everchem Updates
VOLUME XXI
September 14, 2023
Everchem’s exclusive Closers Only Club is reserved for only the highest caliber brass-baller salesmen in the chemical industry. Watch the hype video and be introduced to the top of the league: — read more
February 28, 2019
https://ycharts.com/indicators/auto_sales
February 28, 2019
What happened to the mattress industry last year?
ALEXANDRIA, Va. – What happened to the mattress industry last year? A lot of things, says John Baugh, managing director for Stifel, who covers the home furnishings industry.
In a commentary included in the latest Bedding Market Quarterly issued by the International Sleep Products Assn., Baugh looks at a year that saw unit and dollar declines for the domestic bedding industry.
“Clearly the fourth quarter of 2018 and the full year were a disappointment for the mattress industry,” he wrote. “Multiple factors were at play, including rapid import growth of mattresses, discounting and promoting and store closures out of Mattress Firm, continued growth of online players and bed-in-a-box manufacturers, inflation in raw materials, soft housing numbers and a Q4 filled with bad headlines. This culminated in a year that saw materially negative unit trends for the domestic mattress manufacturers (particularly those selling below $1,000 price points) and rapid growth of imports that did not fully offset the domestic decline.”
Read more here: http://www.furnituretoday.com/article/562011-what-happened-mattress-industry-last-year/
February 28, 2019
What happened to the mattress industry last year?
, February 21, 2019
ALEXANDRIA, Va. – What happened to the mattress industry last year? A lot of things, says John Baugh, managing director for Stifel, who covers the home furnishings industry.
In a commentary included in the latest Bedding Market Quarterly issued by the International Sleep Products Assn., Baugh looks at a year that saw unit and dollar declines for the domestic bedding industry.
“Clearly the fourth quarter of 2018 and the full year were a disappointment for the mattress industry,” he wrote. “Multiple factors were at play, including rapid import growth of mattresses, discounting and promoting and store closures out of Mattress Firm, continued growth of online players and bed-in-a-box manufacturers, inflation in raw materials, soft housing numbers and a Q4 filled with bad headlines. This culminated in a year that saw materially negative unit trends for the domestic mattress manufacturers (particularly those selling below $1,000 price points) and rapid growth of imports that did not fully offset the domestic decline.”
Read more here: http://www.furnituretoday.com/article/562011-what-happened-mattress-industry-last-year/
February 28, 2019
Annual results 2018
- Combined sales of EUR 1,448.3 million (-0.9%)
- Combined Adjusted EBITDA of EUR 103.8 million (-1.6%)
- Result of the period (share of the Group): from EUR 23.9 million to EUR 28.8 million (+20.6%)
- Combined net financial debt: EUR 100.2 million (31 Dec 2017: EUR 122.9 million)
- Proposal to pay a gross dividend of EUR 0.24 per share (+9.1%)
OUTLOOK
In a highly volatile economic and geopolitical environment, we are well positioned to adapt quickly to changing market conditions, and we remain focused on the execution of our plans. Anticipating an adverse market environment in the first half of 2019, we expect the 2019 Adjusted EBITDA3 to be above the level of 2018 on a like-for-like basis.
https://www.recticel.com/annual-results-2018.html
February 28, 2019
Annual results 2018
- Combined sales of EUR 1,448.3 million (-0.9%)
- Combined Adjusted EBITDA of EUR 103.8 million (-1.6%)
- Result of the period (share of the Group): from EUR 23.9 million to EUR 28.8 million (+20.6%)
- Combined net financial debt: EUR 100.2 million (31 Dec 2017: EUR 122.9 million)
- Proposal to pay a gross dividend of EUR 0.24 per share (+9.1%)
OUTLOOK
In a highly volatile economic and geopolitical environment, we are well positioned to adapt quickly to changing market conditions, and we remain focused on the execution of our plans. Anticipating an adverse market environment in the first half of 2019, we expect the 2019 Adjusted EBITDA3 to be above the level of 2018 on a like-for-like basis.
https://www.recticel.com/annual-results-2018.html
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