Tarkett Reports Q2 and First Half Results

Paris, FR, August 1, 2018-Tarkett reported a net sales decrease of 0.4% in Q2, year over year, and a net sales increase of 3.0% in the first half of 2018.

North America net sales grew 3.7% in Q2, YOY, but fell 8.3% for the first half.

Of North American business, the company reports, “Commercial and residential resilient flooring achieved robust growth in the first half, as well as accessories and rubber. Modular vinyl also continued to perform well, fueled by the strong momentum of semi-rigid board product ProGen launched in Q3 last year.

“While down in H1, commercial carpet has progressively improved in Q2 2018 compared with the previous quarter, mostly owing to better momentum in education. In addition, customer feedback on the products launched in the last few months has been very positive.”