Kahrs Group
Building Materials · United Kingdom · 501-1,000 Employees
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Overview
Headquarters
unit a4 Cairo Pl 7, St. Faith S Ward, Ha...Phone Number
(800) 800-5247Website
www.kahrsgroup.comRevenue
$209.2 MillionIndustry
ZI Rank: 1
Signal Type
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ZI Rank
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About Kahrs Group
Khrs Group is a leading manufacturer and distributor of flooring with the aim of providing customer experiences beyond expectations. Khrs innovations have shaped the industry throughout its history and the company is dedicated to offering flooring solutions for every room, environment and need. The company delivers sustainable and durable flooring solutions to more than 70 countries, being a market leader in hardwood flooring in Sweden and Finland, and having strong positions in other key markets, such as Norway, the UK, USA, Germany and Switzerland. The Group has approximately 1,350 employees and annual sales in 2022 of more than SEK 4,0 billion. www.kahrsgroup.comExplore more
Kahrs Group Org Chart
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Kahrs Group is experiencing very low activity levels compared to other companies in the Manufacturing sector.
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Kahrs Group Tech Stack
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Kahrs Group News & Media
Kährs BondCo publishes annual report for 2023
Kährs BondCo AB (publ) announces that the company's annual report for 2023 in Swedish is now available on Kährs Group's website (kahrsgroup.com (http://www.kahrsgroup.com/)) and is also attached to this press release. This information is information that Kährs BondCo AB (publ) is obliged to make public pursuant to the Swedish Securities Markets Act. The information was submitted for publication at 08:00 am CET on April 18, 2024. For further information, please contact: Johan Magnusson, PresidentKährs adjusts capacities and introduces further efficiency plans to mitigate lower demand into 2024
The low demand in the Residential segment linked to increased interest rates and a high cost inflation expects to continue into 2024, especially in Europe. The demand for flooring solutions continues to go down, in both renovations of private homes and in new built, especially in Europe. Within new built the demand is expected to fall sharper towards the second half of 2023 and be weak until 2025. The renovation segment is expected to recoverKährs Group: Interim Report January-March 2023
Stable profitability despite a decrease in demand Kährs net sales decreased by -18 percent, in line with the market development in Kährs main market areas, due to weak development within Residential in the Nordics and Europe, while Commercial showed growth. Profitability was sustained by a continued strong gross margin and good cost control. The first quarter 2023 · Net sales amounted to SEK 863 million (1,049), which was a decrease of -18 per cent.Kährs BondCo publishes annual report for 2022
Kährs BondCo AB (publ) announces that the company's annual report for 2022 in Swedish is now available on Kährs Group's website (kahrsgroup.com (http://www.kahrsgroup.com)) and is also attached to this press release. This information is information that Kährs BondCo AB (publ) is obliged to make public pursuant to the Swedish Securities Markets Act. The information was submitted for publication at 08:00 am CET on April 28, 2023. For further information, please contact: Johan Magnusson, President
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Khrs Group is a leading manufacturer and distributor of flooring with the aim of providing customer experiences beyond expectations. Khrs innovations have shaped the industry throughout its history and the company is dedicated to offering flooring solutions for every room, environment and need. The company delivers sustainable and durable flooring... Read More
