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Resilient Floor Covering Market to Reach USD 3.35 Billion by 2030, Driven by Residential LVT Adoption and Healthcare Construction
Medium· 2025-10-01 11:48
Resilient Floor Covering Market to Reach USD 3.35 Billion by 2030, Driven by Residential LVT Adoption and Healthcare ConstructionHareesh4 min read·Just nowJust now--Overview of the Resilient Floor Covering MarketThe resilient floor covering market size is valued at USD 2.56 billion in 2025 and is forecast to reach USD 3.35 billion by 2030, reflecting a 5.5% CAGR. This growth is driven by the increasing demand for durable, water-resistant, and visually appealing flooring solutions. The market includes produc ...
Interface(TILE) - 2025 Q1 - Earnings Call Presentation
2025-05-02 11:32
Company Overview - Interface reported net sales of $1.3 billion in FY2024 [9] - The company has a global presence with 6 manufacturing locations on 4 continents [9] - Americas accounted for 61% of net sales, EMEA 28%, and APAC 11% [14] - Corporate office segment represents 46% of revenue, Education 20%, Healthcare 10%, and Other 24% [15] Financial Performance - Q1 2025 net sales were $297.4 million, a 2.6% increase year-over-year [56, 57] - Currency neutral net sales in Q1 2025 were $301.7 million, a 4.1% increase year-over-year [55, 70] - Adjusted operating income for Q1 2025 was $25.5 million, representing 8.6% of net sales [55, 57] - Adjusted diluted earnings per share for Q1 2025 was $0.25 [55, 57] - Adjusted EBITDA for the last twelve months (LTM) was $187 million, or 14.1% of net sales [55] Market Position and Strategy - The total global commercial flooring market is estimated at $39 billion, with Interface serving a $9+ billion market [36] - Interface is a global share leader in the $5 billion carpet tile segment [38] - The company is a leader in the high-growth $3 billion LVT segment [38]