Paris— Tarkett reported first quarter overall net revenue grew 10% in the first quarter of 2019 with organic growth (+3.7%) adding $24.54. million (€22 million) of revenue compared to first quarter 2018 and with the integration of Lexmark and other 2018 acquisitions (+3.8%). It also comprised a positive impact (+2.4%) of $15.62 million (€14 million), mainly related to the appreciation of the dollar versus the euro.
The company reported the North America segment was down 0.6% year-on-year on a like-for-like basis as selling prices were materially raised and almost fully offset volume decrease. Commercial carpet activity sales stabilized in the quarter and revenues in resilient flooring were slightly below last year’s levels after a buoyant 2018. The integration of Lexmark led to a positive perimeter impact of 12.4% representing most of the revenue growth during the quarter. Reported revenues were up 19.7%, including Lexmark contribution and a positive impact of 8.0% through the appreciation of the dollar versus the euro.