Kährs Group Profits Up 140 Percent in Q2

Kährs Group, the Swedish parent company of Kahrs International Inc., made 24 million SEK ($2.86 million USD) in the second quarter of 2015, a 140 percent increase from the 10 million SEK ($1.19 million USD) reported in the second quarter of 2014.

Net sales increased 4 percent in the second quarter to 681 million SEK ($81.37 million USD), compared with 655 million SEK ($78.27 million USD) in the first quarter.

Hardwood sales increased 4 percent to 584 million SEK ($69.78 million USD). Sales of resilient, laminate and tile decreased 1 percent to 69 million SEK ($8.24 million USD).

The Kährs Group’s full financial report can be accessed online.

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