Fri 09/03/2021 08:44 AM
Hilding Anders maintained its upward trajectory during June, beating both its top and bottom line budgets while free-cash-flow generation was positive. The Sweden-based mattress maker added that prices of its key raw material foam have peaked, although it faces a one-to-two month lag before the pressure on its margins begins to ease, sources told Reorg.
The group generated €85.8 million of sales in June, which was well ahead of €75 million budgeted. However, Hilding benefited from...
This article is an example of the content you may receive if you subscribe to a product of Reorg Research, Inc. or one of its affiliates (collectively, “Reorg”). The information contained herein should not be construed as legal, investment, accounting or other professional services advice on any subject. Reorg, its affiliates, officers, directors, partners and employees expressly disclaim all liability in respect to actions taken or not taken based on any or all the contents of this publication. Copyright © 2024 Reorg Research, Inc. All rights reserved.