Knoll Profits Skyrocket 30.9 Percent
Knoll Profits Plunge 33 Percent

EAST GREENVILLE, PA  -- Knoll, Inc. (NYSE: KNL) net sales rose 18.5 percent third quarter, to $239.5 million against the year ago results for the period ending Sept. 30. 

Net income was $18.4 million, an increase of 192.1% over the $6.3 million earned on $202 in sales in thirdmquarter 2010.  

"Our strategy of focusing on high design, high margin businesses continues to work well," says Andrew Cogan, CEO. Cogan notes Knoll will receive the 2011 award for Corporate and Institutional Achievement at Cooper- Hewitt National Design Awards Gala Oct. 19.

"This award speaks powerfully to our commitment to design in everything we do," Cogan says.

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