Mohawk Industries

Net sales fell by 1.7% in Q3 compared to the same period in 2023 and by 3.8% in the first nine months of the year. Investments in 2024 total $450 million.

Mauro Vandini will also maintain his present role as President of Mohawk’s European Ceramic business with the support of his talented team.

The Global Ceramic segment posted the best performance, with revenues of US $1,045 million.

The group’s Global Ceramic BU closed the year 2023 with net sales at $4.3 billion, down 0.17% on 2022 following the previous year’s 10% growth.

Ceramic World Review updates the rankings of the 25 world's top ceramic tile groups in 2022. Mohawk Industries, Lamosa and SCG lead the rankings.

The US flooring giant posted 4.8% growth in the 2022 financial year with total net sales of $11.7 billion. The Global Ceramic division’s sales grew by 10% to $4.3 billion.

The deal will be finalised in the first quarter of 2023 and will establish Mohawk Industries as the market leader in terms of value in Brazil, where it already operates with Eliane.

Ceramic World Review updates the rankings of the 25 world's top ceramic tile groups in 2021. Mohawk Industries, Lamosa and SCG lead the rankings.

The $293 million deal with Grupo Industrial Saltillo was signed on 3 June and is expected to close in the second half of 2022.

The flooring giant posted net sales of $11.2 billion in 2021, a 17.3% increase. The Global Ceramic segment increased by 14% to $3.9 billion.

The US group reported first-half sales of $5.6 billion (up 30% on 2020). The Global Ceramic Segment posted 23% sales growth to almost $2 billion.

All of the group’s business units have reported strong growth. The Global Ceramic segment experienced an 9.6% upturn driven by strong performances in North and South America, Europe and Russia.

The US flooring giant saw sharp growth in sales (+9%) in the final quarter of the year. All the group’s business units performed well.

Net sales grew by 2.2% in the third quarter. The Global Ceramic Segment improved substantially with net sales almost back to 2019 Q3 levels.

Mohawk Industries, SCG and Lamosa lead once again the rankings. Victoria PLC is the new entry among the big names. For most of the big groups the outlook for 2020 is not overly pessimistic, with declines below -10% and even some players anticipating growth.

The COVID-19 pandemic impacted on Q1 sales, dropping 6.4% to $2.3 billion. the Global Ceramic Segment saw a similar year-on-year decline in sales.

The Italian group (in the USA with Florida Tile) is confident that their US Business Unit will see moderate growth this year after a disappointing 2018.

Mohawk Group has launched the new Panoramic Porcelain Slabs, and started a new plant in Tennessee for the production of Quartz Slabs.

Net sales grew to 10 billion dollars (+5%), total investments tot up 1.5 billion dollars. The Global Ceramic Division registered a 4% growth in sales to 3.55 billion dollars.

The acquisition worth approximately US $250 million was signed on 15 October and is expected to be closed by the end of the year.