First half 2014 sales of €754m
The Grohe Group has announced is half-year results for 2014, with consolidated sales revenues of €754m, a 3% increase on the same period of last year.
Grohe, who scooped a Top 100 Innovation Award, boasted second quarter growth of 4% in sales revenues, bettering the 3% in the first quarter.
The European market, which accounts for 51% of sales, grew 4% in the first half of the year. Sales in the Americas totalled 7% of sales, with an increase of 5%. Sales in Asia and the Middle East, plus Africa, increased by 2% for each region.
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Grohe Group’s operating earnings before interest, tax, depreciation and amoristaion (operating EBITDA) increased by €1m to €142m in the first six months of the year.
Sintered stone manufacturer Neolith has launched Calacatta Roma and Cappadocia Sunset, inspired by nature and classical architecture, and for use in kitchens or bathrooms walls, floors, in gardens or facades.
They belong to The New Classtone and Fusioncollections which interpret marble and natural stone, respectively, and boast Neolith’s antibacterial NeolEAT technology.
Inspired by Ancient Rome, Calacatta Roma (pictured top) pays homage to Italian Carrara marble, with ochre and grey veins in a white background.
While the Cappadocia region, in central Turkey, with its rock formations formed by volcanoes and underground cities, has inspired Cappadocia Sunset (pictured below).
Just like all of Neolith’s surfaces, Calacatta Roma and Cappadocia Sunset are resistant to heat and atmospheric conditions, are 100% recyclable, and do not contain added quartz to their formulation.
Mar 14, 2024
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