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ครัวเดิม & Bath Junction Kitchen & หัวข้อข่าวอาบน้ำ
According to the financial report recently released by Moen (โมเอน) parent company — หน้าแรกของแบรนด์ฟอร์จูน & Security, อิงค์(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% ตั้งแต่เดือนมกราคมถึงมิถุนายน, reaching $3.707 พันล้าน (ประมาณหยวน 23.9 พันล้าน).
FBHS has maintained a steady sales growth trend in recent years. จาก $3.3 billion in 2011 ถึง $6.1 billion in 2020, it has doubled in 10 ปี. If the momentum of the first half of the year is maintained in the second half of 2021, the 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 พันล้าน, with the plumbing business accounting for nearly 60% of the total
ในเดือนกรกฎาคม 28, เรา. time, FBHS released its second quarter and half-year report for 2021. ตั้งแต่เดือนมกราคมถึงมิถุนายน, FBHS achieved sales of $3.707 พันล้าน (เกี่ยวกับหยวน 23.9 พันล้าน), เพิ่มขึ้นของ 33% ปีต่อปี, of which the second quarter contributed sales of $1.936 พันล้าน, เพิ่มขึ้นของ 41% ปีต่อปี. FBHS has three businesses: plumbing, cabinetry, outdoor and security, and the sales of the three businesses in the first half of the year were $1.316 พันล้าน, $1.394 billion and FBHS has three businesses: plumbing, cabinetry, outdoor and security, with first-half sales of $1.316 พันล้าน, $1.394 billion and $997 ล้าน, ขึ้น 35 เปอร์เซ็นต์, 20 เปอร์เซ็นต์, และ 54 เปอร์เซ็นต์, ตามลำดับ.
FBHS First Half Sales Data
In terms of profits, on a GAAP basis, FBHS achieved an operating profit of $543 million in the first half of the year, with the plumbing business accounting for the largest share of operating profit at $317 ล้าน, ขึ้น 48% ปีต่อปี, accounting for approximately 58% of total operating profit. Operating profit for the cabinetry business was $147 million and operating profit for outdoor and security was $131 ล้าน, ขึ้น 81% และ 71%, ตามลำดับ. As a result of better-operating profit growth, FBHS’s first-half EBITDA (earnings before taxes, interest, depreciation, and amortization) reached $395 ล้าน, เพิ่มขึ้นของ 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 ปี. ใน 2011, FBHS had sales of $3.3 billion and has largely maintained a growth trend in the 10 years since. ใน 2020, FBHS achieved sales of $6.1 พันล้าน, เพิ่มขึ้นของ 6% ปีต่อปี. FBHS forecasts full-year sales growth is expected to be in the range of 23-25% ใน 2021.
With Moen, ROHL, and other six major bathroom brands
According to the official website, FBHS currently employs more than 27,500 ประชากร. It has operations in North America, จีน, New Zealand, South Africa and Europe, ฯลฯ. เอฟบีเอชเอส’ Global Plumbing Group (GPG), which is responsible for the plumbing business, was established in 2016. Through mergers and acquisitions, GPG now has six major bathroom brands, โมเอน (เรา.), Perrin & Rowe (U.K.), Riobel (แคนาดา), HOUSE OF ROHL (เรา.), Shaws (U.K.) and Victoria + Albert (U.K.).
HOUSE OF ROHL is known for its high-grade faucets and also has stores in China
ในหมู่พวกเขา, Moen is one of the most familiar American bathroom brands to Chinese consumers. ก่อตั้งขึ้นใน 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. ในปีที่ผ่านมา, 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 ครัวเซี่ยงไฮ้ & Sanitary Show
In addition to the bathroom business, FBHS also has a cabinet division, as well as an outdoor and security division. ในหมู่พวกเขา, the cabinet business is carried out by several brands such as Decora, OMEGA, Aristokraft, Diamond, Fieldstone, Kemper, Mantra, ฯลฯ. Some cabinet brands also sell bathroom cabinet products.
FBHS cabinet brands also sell bathroom cabinet products
Acquired over 20 companies in 50 ปี
As a giant company, FBHS is far less well-known in China than subsidiaries such as Moen and ROHL. อย่างไรก็ตาม, the development of this company is a typical example of the development and growth of the household industry through acquisition. It can be said that the history of FBHS is a history of brand acquisitions.
In Fortune magazine’s recent list of the 500 largest companies in the United States, FBHS was ranked 456th, ขึ้น 38 spots from the previous year. And another home furnishing giant also based in the United States, ชาย, was ranked 398 ปีนี้, 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, การเข้าซื้อกิจการ, sales, and restructuring handled by the two giants may be staged one after another.
