Tarkett Records Sales Increase in 2012
Paris, France, Feb. 21, 2013 -- Tarkett recorded an increase in sales in 2012, up from $2.77 billion in 2011 to $3 billion.
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The increase, Tarkett said, was a result organic growth (4.6%), acquisitions (3.6%) and the favorable impact of exchange rates (2.8%).
Organic growth was mainly driven by markets in emerging countries (+12%),
particularly in Eastern Europe, South America and Asia.
Tarkett said sales in North America grew 5%, following the start of economic recovery in the U.S.
The company said it paid no dividend last year in order to focus resources on the Tandus acquisition.