Auto seating division boosts Poltrona Frau's 2013 sa - leatherbiz: Lea Leatherbiz

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Auto seating division boosts Poltrona Frau's 2013 sales

13/03/2014
Auto seating division boosts Poltrona Frau's 2013 sales
Italian furniture maker Poltrona Frau has reported a 10% rise in sales in 2013, driven by increases in its leather car seating division.

Revenue reached €272.9 million while it earned profits of €4.5 million, up from €1.1 million in 2012.

The "Luxury in Motion" division, which also makes seating for yachts and planes, was the fastest-growing segment of the business, rising more than 30%.

In February, US-based office furnisher Haworth bought a majority stake in the Italian company.

Pictured: The Grantorino sofa was designed in 2013 by Poltrona Frau and French designer Jean-Marie Massaud

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