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Stewarts Carpets, Belfast - CARPETS Belfast Wooden Floors Beds Mattresses Headboards

Stewarts Carpets, Belfast - CARPETS Belfast Wooden Floors Beds Mattresses Headboards
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Belgium's Associated Weavers to Post 1st Half Loss


Belgium’s Associated Weavers to Post 1st Half Loss
Belgium’s Associated Weavers to Post 1st Half Loss
Ronse, Belgium, May 27 Associated Weavers International, leading producer of tufted and woven carpet, will not be able to conclude the first half of 2005 with a profit.
On May 31, Associated Weavers International will conclude its first six months. For the tufting division it will be concluded with a loss because both the margins and the volumes are under pressure.
Removing the pressure on the margins resulting from extremely high raw materials prices is taking longer than anticipated because in the meantime consumer spending for interior decoration has dropped, particularly in the United Kingdom. Furthermore the carpet sector is still confronted with overcapacity. The combination of all these factors makes it extremely difficult to raise our retail prices sufficiently, states Henri Van ....

Region Flamande , United Kingdom , Henri Van Dierdonck , Weavers International , Associated Weavers , Half Loss , Associated Weavers International , Managing Director , Dries Bossuyt , General Manager , ஒன்றுபட்டது கிஂக்டம் , நெசவாளர்கள் சர்வதேச , தொடர்புடையது நெசவாளர்கள் , பாதி இழப்பு , தொடர்புடையது நெசவாளர்கள் சர்வதேச , நிர்வகித்தல் இயக்குனர் , ஜநரல் மேலாளர் ,