Kährs
Building Materials · Sweden · 1K - 5K Employees
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Overview
Headquarters
PO Box, Malmoe, Skane, 201 21, SwedenPhone Number
+46 48146000Website
www.kahrs.comRevenue
$1.3 BillionIndustry
ZI Rank: 1
Signal Type
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ZI Rank
2
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About Kährs
Kährs, based in Sweden, with North American headquarters in Altamonte Springs, Florida, is a manufacturer of parquet and wood flooring. Their major markets are in Europe and the USA, but the company is active in countries worldwide.Explore more
Kährs Org Chart
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Company Profile Activity
Activity Insights
Kährs is experiencing very low activity levels compared to other companies in the Manufacturing sector.
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Kährs is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Kährs.
Kährs Tech Stack
A closer look at the technologies used by Kährs
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Kährs News & Media
Kährs strengthens localized manufacturing for enhanced customer experience
Kährs continues to make strides in its commitment to sustainability and customer-centric solutions. A key aspect of Kährs' strategy is to bring production and sourcing closer to its customers and end-consumers, reducing environmental impact and enhancing the availability of its flooring solutions. As part of this initiative, Kährs has strengthened its presence in the U.S. by new localized sourcing of American produced flooring solutions as of September this year, focusing on serving the North AmKährs Group: Interim Report July-September 2024
Increased order intake in a weak market – continued focus on efficiency and growth Kährs' order intake increased in the third quarter by SEK 43 million, which corresponds to an increase of 11 percent compared to the previous year. Kährs’ turnover, however, decreased by 15 per cent organically in the third quarter due to continued weak demand in a cautious market in primarily new construction in the Nordics and North America. Profitability has been affectedKährs confirms that the redemption of its outstanding senior secured sustainability linked floating rate bonds 2021/2026 with ISIN SE0017085285 is no longer conditional
Kährs BondCo AB (publ) (the "Company") hereby refers to its senior secured sustainability linked floating rate bonds 2021/2026 with ISIN SE0017085285 (the "Bonds") and to the terms and conditions of the Bonds (the "Terms and Conditions"). Reference is further made to the Company’s press release on 24 October 2024 and the call notice dated 24 October 2024, in which the Company informed the holders of the Bonds that it was exercising its option to redeemKährs BondCo AB (publ) successfully issues new senior secured floating rate bonds and announces results from tender offer and its intention to early redeem its outstanding bonds
Kährs BondCo AB (publ) (the "Company") has successfully issued new senior secured floating rate bonds in a volume of SEK 1,450,000,000 within a framework of up to SEK 2,500,000,000 (the "New Bonds"). The New Bonds will have a tenor of 4 years and carry a floating interest rate of STIBOR three months plus a 6.25 per cent. margin per annum. The proceeds from the issue of the New Bonds will be used to repurchase and/or
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Kährs, based in Sweden, with North American headquarters in Altamonte Springs, Florida, is a manufacturer of parquet and wood flooring. Their major markets are in Europe and the USA, but the company is active in countries worldwide.... Read More
