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Tarkett Reports 2.1% Organic Growth in 2018

Paris La Défense, France -- Tarkett Group reported overall net sales decrease of 0.2% in 2018, with organic growth up 2.1%. Organic growth in North America rose 1.3% in 2018, although sales decreased by 2.2% in Q4.

The slowdown in North America was caused by lower sales in the commercial carpet market and difficulties at two production sites in the second half, which affected the product deliveries, the company said in a statement. Selling prices were increased throughout the year and specific measures taken in Q3 to fully offset the increase in customs duties on imports from China.

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