Panaria Group reports 12% growth in American Business Unit in first quarter of 2013

摘要

PanariaGroup's American Business Unit has continued its positive performance, closing the first quarter of 2013 with 12% growth and bringing the contribution of the US market to 31% of total turnover. Although all distribution channels reported positive results, the Florida Tile chain of stores showed a particularly strong performance with an almost 20% increase in sales. But while the American market further confirmed the signs of recovery first shown in 2012, a contraction in sales in the other key markets adversely affected the Group's turnover and profitability.