Accueil Ernstrade Bourse Actualite Stock

Euronext Brussels

The AWI Group is a leading producer of tufted and woven carpets. Associated Weavers International N.V. is the parent company of the Group. It is responsible for general management and sales coordination.
The Group consists of two divisions: 
The Tufting Division designs, manufactures and sells tufted carpet. This is by far the Group’s largest activity, representing 90.6% of its consolidated turnover.
The Weaving Division produces woven carpets, representing 9.4 % of consolidated Group turnover. The Weaving Division also has a polypropylene yarn extrusion department, the entire production of which is sold internally, mainly to the Tufting Division.
In 2003 the AWI Group sold 48.87 million m2, generating a consolidated turnover of EUR 254.32 million, making it one of the largest European producers in its sector and is in the top 3 ranking in all the european markets next to companies such as Balta, Beaulieu Wielsbeke, Condor, Domo, Ideal and others(1). The Group employs 1,204 people in 5 production plants (Ronse and Kuurne in Belgium, Arthon and Neuvy St. Sépulchre in France and Liberec in the Czech Republic) and 6 sales offices. Its products are exported worldwide, but with a strong emphasis on Western Europe.

Copyright  2006