Restructuring at Balta

The British Victoria Group has provided an update on its efficiency and cost reduction programme. Fixed costs have already been reduced by £12 million (€14.5 million) by the middle of the 2024/25 financial year. An additional £20 million is expected to be saved in the second half of the year, partly through restructuring measures at its subsidiary Balta. By the end of the 2026/27 financial year, the flooring manufacturer aims to achieve total savings of over £80 million.

Carpet Home-Newsletter: Click here for free newsletter subscription

Back

Folgende Artikel könnten Sie auch interessieren

[28.07.2025] Medipa invests EUR 50 million in logistics campusMedipa investiert 50 Mio. EUR in Logistik-Campus
[28.07.2025] Victoria Group reports decline in revenueVictoria Group büßt Umsatz ein
[04.07.2025] Zimmer Austria: Tony Naschberger steps downZimmer Austria: Tony Naschberger tritt zurück
[12.06.2025] Balta Home announces major job cutsBalta Home kündigt massiven Stellenabbau an
[12.06.2025] Lano fully acquired by BelgotexLano zu 100% von Belgotex übernommen
[06.06.2025] Mercury Flooring restructures ownership and executive managementMercury Flooring strukturiert Eigentümerschaft und Geschäftsführung neu
[24.04.2025] Belgian Carpet Industry Holds Steady in Difficult Market EnvironmentBelgische Teppichindustrie hält Umsatzniveau trotz schwierigem Marktumfeld
[24.03.2025] DC Carpets (Devos Caby) files for insolvencyDC Carpets (Devos Caby) meldet Insolvenz an
[24.03.2025] Golze receives Life & Living Award 2025Golze mit Life & Living Award 2025 ausgezeichnet
[06.03.2025] Oriental Weavers increases revenue and profitOriental Weavers steigert Umsatz und Gewinn

Carpet Home

Carpet Home newsletter

E-Mail-Adress

By registering, you will receive our free newsletter with the latest industry news. We may also send you further interesting information about publishing offers, surveys and selected events and offers from our partners by email. This consent is, of course, voluntary and can be revoked at any time with future effect.

We use rapidmail to send our newsletters. With your registration you agree that the entered data will be transmitted to rapidmail. Please note their Conditions and Privacy policy.