U.S. – Herman Miller, Inc. reported net sales in the third quarter, which ended Mar. 1, of $455.9 million, an increase of 7.7% from the same quarter last fiscal year. New orders in the third quarter of $464.0 million were 21.4% above the prior year level, reflecting broad-based growth across each of the company’s major business units and geographic regions.
Brian Walker, Chief Executive Officer, stated, “The clear highlight in our results this quarter is the strong order growth across each of our business segments. Particularly encouraging is the fact that this improvement extended into areas that for some time have been headwinds to growth, including the U.S. federal government and key markets within EMEA and Asia. While it’s too early to call these improvements sustainable, they certainly increase our optimism”.
Herman Miller is a 100-year-old-plus furniture manufacturing company that places great importance on design. Their award-winning furniture and related services and technologies are available through dealers and retailers around the world. The company has production sites in the US, UK, China and Italy, and net sales in fiscal year 2012 were more than $1.7 billion.
0 Comments