Interface at 17th Annual Midwest IDEAS Conference: focus on premium growth
Interface, Inc. (TILE) used the 17th Annual Midwest IDEAS Conference to outline its strategy focusing on premium growth, sustainability, and tighter global execution. The company highlighted its strong financial position, with $1.4 billion in annual revenue, a net debt to EBITDA ratio of 0.5 times, and a strong balance sheet. CFO Bruce Hausmann emphasized that Interface is the best-performing company in commercial flooring, despite not being the largest, citing strong net promoter scores, growth rates, margins, brand strength, and product quality.
The company is targeting three core markets: corporate office, education, and healthcare, and plans to invest an additional $25 million in the business this year.
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