Welcome to JSA Consultancy Services

A business consultancy, based in London, England, which provides its clients with expert advice and guidance for exporting and importing office furniture from overseas to tap the growth opportunities available in furniture and interiors markets in Europe, north America, Australasia and Japan.

' ?> Welcome to JSA Consultancy Services

A business consultancy, based in London, England, which provides its clients with the latest updates on office furniture exhibitions and office furniture trade shows to help them exploit successfully furniture and interiors markets in Europe, North America, Australasia and Japan

' ?> Welcome to JSA Consultancy Services

A business consultancy, based in London, England, provides its clients with a complete list of office furniture trade associations of different countries and information guidance as to how to exploit successfully furniture and interiors markets in Europe, North America, Australasia and Japan.

' ?> Welcome to JSA Consultancy Services

A business consultancy, based in London, England, John Sacks\' JSA Consultancy Services provides expert, in-depth, information advice and guidance as to how to exploit successfully the office furniture and interiors markets in Europe, North America, Australasia and Japan.

' ?> Welcome to JSA Consultancy Services

A business consultancy, based in London, England, JSA offers monthly office furniture league table to provide its clients with in-depth information & major office furniture strategic alliance news to exploit successfully office furniture and interiors markets in Europe, North America, Australasia and Japan.

' ?> Welcome to JSA Consultancy Servicesdd

A business consultancy, based in London, England, JSA provides its clients with latest office furniture news from different corners of the world to help them exploit successfully office furniture and interiors markets in Europe, North America, Australasia and Japan.

' ?> Welcome to JSA Consultancy Servicesdd

A business consultancy, based in London, England, which provides clients with expert, in-depth, information advice and guidance as to how to exploit successfully the office furniture and interiors markets in Europe, north America, Australasia and Japan.

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Herman Miller Reports Order Growth in 3rd Quarter

Thursday 18 March 2010

Herman Miller, Inc., today announced results for its third quarter ended February 27, 2010. The period was highlighted by double-digit percentage growth in orders within the company\'s international, healthcare, learning and retail vertical markets relative to the same quarter last year. On a consolidated basis, new orders in the quarter were $290 million, representing an increase of 3.8% from the prior year third quarter. Net sales for the third quarter of $329.6 million were 7% below the prior year level. Relative to the second quarter of this fiscal year, net sales and orders showed typical seasonal pattern declines of 4.1% and 16.1%, respectively. On an adjusted basis, excluding $2.3 million in pre-tax restructuring charges, operating earnings and earnings per share in the third quarter were $19.1 million and $0.15, respectively. These amounts compare to adjusted operating earnings of $20.6 million and earnings per share of $0.18 in the prior year third quarter – a period in which pre-tax restructuring expenses totalled $23.4 million.
Including the impact of restructuring charges, Herman Miller reported third quarter operating earnings and earnings per share of $16.8 million and $0.12, respectively. In the same quarter last year, the company reported a loss from operations of $(2.8) million and earnings per share of $(0.10).
Brian Walker, Chief Executive Officer, stated, \"After five consecutive quarters of declines, it\'s a pleasure to report positive growth in orders compared to the prior year. While overall industry conditions remain challenging, this serves as a measurable signal that business conditions have stopped deteriorating. The relative strength in our international, healthcare, learning, and retail businesses supports our strategic direction to diversify our revenue base by investing in market segments outside our core. This strategy has served us well throughout the downturn, and we believe it will continue to prove important as the U.S. and international economies continue to recover.\"

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JSA Consultancy Services
4-5 Gray’s Inn Square, Gray’s Inn,
London, WC1R 5AH, England


+44 (0) 20 7688 1928