Muuzaji wa Kiwanda cha Tap iVIGA
Jikoni asili & Bath Junction Kitchen & Vichwa vya habari vya Bath
According to the financial report recently released by Moen (Moen) parent company — Bidhaa za Bahati nyumbani & Security, Inc.(Fortune Group, hereinafter referred to as FBHS), the company’s sales from January to June increased by 33% to reach The company’s sales increased 33% Kuanzia Januari hadi Juni, kufikia $3.707 bilioni (takriban RMB 23.9 bilioni).
FBHS has maintained a steady sales growth trend in recent years. Kutoka $3.3 bilioni ndani 2011 kwa $6.1 bilioni ndani 2020, it has doubled in 10 miaka. If the momentum of the first half of the year is maintained in the second half of 2021, U.S.. home furnishing giant is expected to hit another record high in sales this year.
Sales in the first half of the year were $23.9 bilioni, with the plumbing business accounting for nearly 60% ya jumla
Mnamo Julai 28, U.S. wakati, FBHS released its second quarter and half-year report for 2021. Kuanzia Januari hadi Juni, FBHS achieved sales of $3.707 bilioni (kuhusu RMB 23.9 bilioni), ongezeko la 33% mwaka hadi mwaka, of which the second quarter contributed sales of $1.936 bilioni, ongezeko la 41% mwaka hadi mwaka. FBHS has three businesses: mabomba, cabinetry, outdoor and security, and the sales of the three businesses in the first half of the year were $1.316 bilioni, $1.394 billion and FBHS has three businesses: mabomba, cabinetry, outdoor and security, with first-half sales of $1.316 bilioni, $1.394 bilioni na $997 milioni, juu 35 asilimia, 20 asilimia, na 54 asilimia, kwa mtiririko huo.
FBHS First Half Sales Data
Kwa upande wa faida, on a GAAP basis, FBHS achieved an operating profit of $543 milioni katika nusu ya kwanza ya mwaka, with the plumbing business accounting for the largest share of operating profit at $317 milioni, juu 48% mwaka hadi mwaka, uhasibu kwa takriban 58% of total operating profit. Operating profit for the cabinetry business was $147 million and operating profit for outdoor and security was $131 milioni, juu 81% na 71%, kwa mtiririko huo. As a result of better-operating profit growth, FBHS’s first-half EBITDA (mapato kabla ya kodi, maslahi, kushuka kwa thamani, na upunguzaji wa madeni) kufikiwa $395 milioni, ongezeko la 76 percent over the prior-year period.
FBHS first-half operating profit figures
A review of FBHS’ annual reports published since its IPO shows that the company’s sales revenue has doubled in 10 miaka. Katika 2011, FBHS had sales of $3.3 billion and has largely maintained a growth trend in the 10 years since. Katika 2020, FBHS achieved sales of $6.1 bilioni, ongezeko la 6% mwaka hadi mwaka. FBHS forecasts full-year sales growth is expected to be in the range of 23-25% katika 2021.
With Moen, ROHL, and other six major bathroom brands
Kulingana na tovuti rasmi, FBHS currently employs more than 27,500 watu. It has operations in North America, China, New Zealand, South Africa and Europe, na kadhalika. FBHS’ Global Plumbing Group (GPG), which is responsible for the plumbing business, ilianzishwa katika 2016. Through mergers and acquisitions, GPG now has six major bathroom brands, Moen (U.S), Perrin & Rowe (U.K.), Riobel (Kanada), HOUSE OF ROHL (U.S), Shaws (U.K.) and Victoria + Albert (U.K.).
HOUSE OF ROHL is known for its high-grade faucets and also has stores in China
Kati yao, Moen is one of the most familiar American bathroom brands to Chinese consumers. Ilianzishwa katika 1939, the brand has grown into a globally recognized bathroom brand, which is also described by FBHS as “the number one brand in North America with global brand recognition. It has exclusive contracts with most of the largest homebuilders and benefits from a flexible global supply chain.”
Moen’s recently launched NEBIA BY MOEN shower system
Moen entered the Chinese market in 1994, selling mainly bathroom and kitchen products. Moen also brought a large number of new products to the Shanghai Kitchen & Bath Show held in May this year. Katika miaka ya hivi karibuni, Moen has been actively developing in the direction of intelligence, launching a number of intelligent toilets, as well as intelligent products that support voice control, such as the Moen U intelligent shower system. But from the relevant description, it is clear that Moen is the main development engine of the FBHS plumbing business.
Moen booth at 2021 Jikoni ya Shanghai & Show ya usafi
In addition to the bathroom business, FBHS also has a cabinet division, as well as an outdoor and security division. Kati yao, the cabinet business is carried out by several brands such as Decora, OMEGA, Aristokraft, Diamond, Fieldstone, Kemper, Mantra, na kadhalika. Some cabinet brands also sell bathroom cabinet products.
FBHS cabinet brands also sell bathroom cabinet products
Acquired over 20 makampuni katika 50 miaka
Kama kampuni kubwa, FBHS is far less well-known in China than subsidiaries such as Moen and ROHL. Hata hivyo, the development of this company is a typical example of the development and growth of the household industry through acquisition. Inaweza kusemwa kuwa historia ya FBHS ni historia ya ununuzi wa chapa.
In Fortune magazine’s recent list of the 500 largest companies in the United States, FBHS was ranked 456th, juu 38 spots from the previous year. And another home furnishing giant also based in the United States, Masco, was ranked 398 Mwaka huu, reflecting the industry and investment community’s assessment of the two giants. As home furnishing giants also pursuing a multi-brand strategy, FBHS and Masco are expected to remain in competition for a long time. Industry events such as mergers, upatikanaji, Uuzaji, and restructuring handled by the two giants may be staged one after another.
