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 reports 2nd quarter results

Thursday 19 July 2012

Knoll, Inc. today announced results for the second quarter ended June 30, 2012. Net sales were $221.0 million for the quarter, a decrease of 7.4% from the second quarter 2011. Operating profit was $20.8 million, or 9.4% of net sales, a decrease of 10.7% from the second quarter 2011. Net income was $13.1 million during the second quarter of 2012 compared to $13.0 million during the second quarter 2011

"The second quarter played out very much as we had expected," commented Andrew Cogan, CEO. "While sales grew sequentially, lowered levels of government shipments combined with significantly reduced purchases by a single financial services client drove our year-over-year top line decline. Outside of these two areas, commercial sales grew mid-single digits as compared to the prior year quarter. In spite of these declines, we were pleased to deliver strong year-over-year and sequential improvement in our gross margins."

Subscribe to our News Page

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

 

 

moreLatest News

Wednesday 9 August 2017 Martela Corporation Half Year Financial Report 1 Jan - 30 June 2017

The January-June 2017 revenue and operating result declined from the comparison period. Decline in r

Friday 4 August 2017 Kimball International posts 4Q profit

JASPER, Ind. (AP) _ Kimball International Inc. (KBAL) on Wednesday reported fiscal fourth-quarter pr

Friday 28 July 2017 Difficulties persist, but Knoll remains profitable

UPPER HANOVER TWP., Pa. - Ongoing softness in sales of office furniture caused a decrease in revenue

Monday 24 July 2017 Steelcase Werndl changes name and relocates European Headquarters to Munich

Steelcase Werndl AG, a subsidiary of the American office furniture manufacturer Steelcase, will rena

Contact Us

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


+44 (0) 20 7670 1510