Knoll's profit surges; honored by Smithsonian
Knoll Profits Plunge 33 Percent

Knoll's profit surges; honored by Smithsonian  
Knoll receives the Smithsonian's
Cooper-Hewitt, National Design Museum 2011
Award for Corporate and Institutional Achievement.
EAST GREENVILLE, PA --

 Knoll Inc. (NYSE: KNL, a maker of wood office furniture, posted net sales of $238.7 million and a profit of $23.3 million for the second quarter ended June 30, 2011.

Knoll's net sales increased 24.1% from the second quarter 2010, while operating profit jumped 95.8% compared to the second quarter 2010.

The company also landed the Smithsonian's Cooper-Hewitt National Museum 2011 Award for Corporate and Institutional Achievement.

"In the second quarter of 2011 we were honored with and celebrated an award that has been 73 years in the making," said Andrew Cogan, CEO of Knoll. "In accepting this award, we join a very short and prestigious list of the most highly respected brands in design across all industries and categories."
 
Posted by Rich Christianson

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