Belysse: European Rug Sales Fell, US Grew 17.4%

According to Interiors Monthly, Belysse's rug sales in Europe fell by double digits in the last quarter. European sales declined 13.9%.

This is an improvement over the 20.5% decline in the first half (46.7 million euros).

The company's US sales moved in the opposite direction: they grew 17.4% on an organic basis and 19.6% including currency effects.

The group stated that price increases have offset cost inflation and that margins have improved.

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