Kährs Group is a manufacturer and distributor of premium flooring for residential and commercial use. Kährs innovations have influenced the industry throughout its history and the company is dedicated to offering flooring solutions for every room, environment and need. The company delivers sustainable and durable flooring solutions to its customers in nearly 70 countries.
Despite the challenges due to the weakened demand in the residential segment in Europe, Kährs’ profitability-enhancing measures are demonstrating strength and our profit margins continue to be at a high level. Quarter one, 2023 we made our second highest profit for a first quarter to date by increasing our gross margins, having continued growth within Commercial and successfully adapting our operations to lower demand.
Kährs Strengthening its US team in Growth Strategy Execution
Kährs has submitted science-based Forest, Land & Agriculture (FLAG) target
Kährs adjusts capacities and introduces further efficiency plans to mitigate lower demand into 2024