Mohawk Industries, Inc. (NYSE: MHK) laminate and wood segment flooring sales rose 41% to $466 in the fourth quarter, fed by acquisitions of Pergo and Spano, and growing U.S. sales.
Mohawk Industries, Inc. (NYSE: MHK) 2013 fourth quarter net earnings were $95 million. Excluding unusual charges, net earnings were $131 million. Net sales were approximately $1.9 billion, up 34%.
Mohawk Industries Laminate and Wood segment net sales were $451 million, up 37% over last year. Most of the increase is from the acquisitions of Pergo and Spano, and growth in North America.
UNILIN, the international wood group and part of the Amercian group Mohawk Industries, listed on the stock exchange, has announced a restructuring of its division panels.
Sustainability is about making good choices. Each day, Mohawk (NYSE: MHK) chooses to do the right thing for customers, employees, shareholders, communities and the environment.
International floor products manufacturer Mohawk Industries Inc. (NYSE: MHK) continued its profit surge, posting net earnings of $50 million on $1.5 billion in sales in the first quarter of 2013 despite a weak European market.
Mohawk Industries (NYSE: MHK) 2012 fourth quarter net earnings rose 40% to $66 million on sales of $1.44 billion. Mohawk says the positive U.S.outlook for home building and remodeling will help it grow.
Mohawk Industries (NYSE: MHK) entered an agreement to acquire Belgian melamine and chip board maker Spano Invest NV for $168 million in cash. It already owns Belgian panel maker Unilin.