FDM300 rises by 9.3% in 2014
Published on : Saturday, March 28, 2015
FDM 300, the furniture and cabinet manufacturer, has ended the financial 2014 with a positive note as it has drawn $43.325 billion from the market, that is actually 9.3 percent higher than the 2013 mark, FDM report revealed.
A year ago, we calculated annual sales for this group of 300 companies to be $39.630 billion for the year 2013, an increase of 5.3 percent over sales reported and estimated for the year 2012.
This is the third straight year of sales growth. Sales increases in the past three years came after five consecutive years of declines from 2007 to 2011. (In 2012, we estimated sales for this group of 300 companies in the United States and Canada to be $37.632, an increase of 4 percent over sales for this group in 2011, which reached $36.167 billion.)