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
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