Gabriel Holding A/S reports a 7% growth in turnover for continuing operations in the first three quarters of the year. Operating profit also increased significantly. Despite a decline in revenue in the Mexican FurnMaster business due to restructuring, overall revenue for the group remains stable. The company’s furniture manufacturing activities are up for sale. Management has raised expectations for the full year, anticipating continued growth in revenue and profit. However, market uncertainties pose challenges for the furniture industry. The company remains cautious about future performance due to geopolitical risks and market conditions.
Read more at GlobeNewswire: Gabriel Holding A/S’s continuing operations have generated
