Knoll Reports Fourth Quarter and Full Year Results
Knoll, Inc (KNL)
Last knoll, inc earnings: 10/23 04:15 pm
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US:NYSE Investor Relations:
phx.corporate-ir.net/4geq.url
Company Research
Source: GlobeNewswire
Knoll Reports Record 2018 Revenues 4th quarter sales of $354.6M set quarterly record4th quarter margin expansion; GAAP EPS decline of 25.4% and Adjusted EPS growth of 54.1%Muuto acquisition continues to deliver with accelerating top and bottom line performanceYear-end leverage reduced to 2.6:1 and debt down by over $80M since the acquisition closed EAST GREENVILLE, Pa., Feb. 06, 2019 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE: KNL), a leading designer and manufacturer of furnishings, textiles and fine leathers for the workplace and home, today announced results for the fourth quarter and year ended December 31, 2018. Net sales were $354.6 million for the fourth quarter of 2018, an increase of 12.2% from the fourth quarter of 2017. Operating profit was $35.0 million, an increase of 141.3% from the fourth quarter of 2017. Adjusted operating profit for the fourth quarter of 2018 was $39.2 million, an increase of 22.8% from the fourth quarter of 2017. Net earnings for the fourth quarter of
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