Floorcoverings manufacturer Belysse has reported a decline in first quarter sales.
According to its Q1 2026 trading update, group revenues fell 8.9% to €61.2m. Organic Revenue declined by 3%.
EU sales were down 19.4%, while US sales rose 0.7%. The group said that the US sales benefited from materially improved volumes, supported by a strong order book.
After joining as Interim President in August 2025, Jim Cusick has now been appointed as President of Bentley Mills. The European soft flooring market remained weak, reflected in declining European revenues.
“Adjusted consolidated Group EBITDA for the quarter exceeded Q1 2025 levels, as higher volumes in the US, improved unit margins across both divisions and lower fixed costs more than offset the low volumes in Europe and adverse USD translation effects,” the group said.
“Belysse has implemented price increases and surcharges to mitigate the effects of the conflict in the Middle East on the Group’s raw material, energy and transportation costs.”
