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Hunter Douglas sales up in 2017

Contributor: Editorial, 7 March 2018

Window coverings and architectural products company Hunter Douglas reported sales were up by 14.4% in 2017 to US$3,226 million from US$2,821 million in 2016.

Recent acquisitions provided 11% of the year's growth with the two largest markets, Europe and North America, both seeing higher sales and profits.

Operating profit, EBITDA, was 6.8% higher at US$391 million, up from US$365 million, and net profit was up at US$219 million from US$206 million in 2016.

Operating cash flow was lower by US$16 million at US$181 million and net cash at year end was down US$10 million at US$32 million.

A dividend of €1.85 per share has been proposed for 2017.

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Hunter Douglas NV
US$3,226 million
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