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.

Knoll Inc 2nd Qtr Results – Sales up 24%; Profit up 50%

Tuesday 19 July 2011

Knoll Inc.has reported a rise in profit for the second quarter, helped by a 24% sales growth on double digit sales increase across all product categories. Nonetheless, results for the quarter failed to impress investors, with Knoll shares losing about 2.5% in early afternoon trade on the NYSE.
Knoll reported a second quarter profit of $13 million or $0.28 per share, up from $8.7 million or $0.19 per share a year earlier.
Excluding items, adjusted earnings for the quarter were $0.28 per share, compared to $0.22 per share last year.
Sales for the quarter were $238.7 million, an increase of 24.1 percent from $192.3 million last year. Wall Street analysts expected revenues of $238.13 million for the quarter.
The company said sales increased double digits across all product categories with the largest gains from office systems.

Subscribe to our News Page

Enter your email here and we will tell you when this page is updated.

 

 

moreLatest News

Wednesday 7 June 2017 HNI appoints Lorenger president, Office Furniture

MUSCATINE, Iowa - HNI Corp. has appointed Jeff Lorenger to president of its Office Furniture segmen

Monday 5 June 2017 Leeds Firm Helps Save Jobs at Office Furniture Maker

Restructuring specialists from Leeds have helped safeguard a future for a £6m-turnover Oxfordshire

Sunday 28 May 2017 Steelcase's new seating aims to make hospital rooms more comfortable

GRAND RAPIDS, MI -- Patients often want their family members in their hospital rooms. Research sh

Thursday 25 May 2017 Furniture-maker Knoll says its CFO is stepping down

Knoll Inc. said Thursday its chief financial officer is resigning next month to devote more time to

Contact Us

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


+44 (0) 20 7670 1510