Haworth 2017 sales surpass $2B

HOLLAND, MI – Haworth, Inc. had a good 2017.
The Holland office furniture-maker reported sales of $2.04 billion for the year, a 5.3 percent increase from 2016.
The last time Haworth sales topped $2 billion was in 2000.
Rising revenues were fueled by growth in every region of the world, the manufacturer said in a statement announcing 2017 revenues. The private company doesn't report profits or any additional financial information in its annual announcement.
"The industry was largely flat. The growth we had was significant market share gain," Chief Financial Officer John Mooney told MLive/The Grand Rapids Press.
"I think we hit the sweet spot with a lot of solutions we've come out with," he said. "We feel like we have positioned ourselves well with innovation and a broad range of products."
It's the second year of mid-single digit growth for Haworth. Last year, the company reported revenues grew 6.5 percent to $1.94 billion.
Source Link: (MLive Media Group) http://www.mlive.com/news/grand-rapids/index.ssf/2018/02/haworth_2017_sales_surpass_2b.html​

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