The Wholesale Manager of Pfleiderer, Michal Bak in his comment stated that “The forecasts reflect positive expectation regarding the development of the furniture market in Poland. According to the estimates, by 2020, the value of furniture sold in this industry will have increased by over 18% which is equivalent to PLZ 50 billion.”
In 3Q2017 Pfleiderer Group reduced its EBITDA margin to 12.3%.