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 Q4 sales up 12.1%; profit edges up

Wednesday 6 February 2013

Knoll Inc. reported that its fourth-quarter net income was $17.5 million compared to $17.4 million in the fourth quarter of 2011. Earnings per share were $0.37 during the fourth quarter of 2012 compared to $0.37 for 2011.
Excluding the curtailment benefit, earnings per share would have been $0.30 per share during the fourth quarter of 2011.
Operating profit was $28.1 million, or 11.2% of net sales, an increase of 1.1% from the fourth quarter of 2011. Operating profit during the fourth quarter of 2011 includes a $5.4 million curtailment benefit associated with the modification of the Company's post-retirement medical benefits. Excluding this benefit, operating profit during the fourth quarter of 2012 increased $5.7 million or 25.4% when compared with the same period in the prior year.
Net sales were $250.0 million for the quarter, an increase of 12.1% from last year net sales of $223.1 million.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.29 per share on revenues of $235.03 million for the quarter. Analysts' estimates typically exclude special items.

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