Kährs reported less significant declines in its European division, despite experiencing weak demand in the residential segment, which has affected sales in the first quarter. However, the company saw an increased order intake in its European operations, with stock-holding distribution channels becoming more balanced and the renovation market starting to recover in certain European markets. Despite a 24% organic decrease in overall sales in the first quarter compared to the same period in 2023, the company remains optimistic. The previous year had seen a higher demand for new construction in Sweden, Finland, and the USA. The firm ...
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