Dailrade Koks furniture producer raises turnover 24% in 2021

• Published date: 11 May 2022
• Publication title: LETA

RIGA, May 11 (LETA) - Latvian furniture producer Dailrade Koks logged EUR 31.585 million in turnover for 2021, which is an increase of 24.1 percent against a year before, while the company's profit grew 53.6 percent to EUR 1.935 million, according to information available at Firmas.lv.

The company's management said that the good performance results were achieved thanks to strong customer loyalty and an optimal use of the production plants' capacity.

Meanwhile, part of the turnover growth could be attributed to increased prices of raw materials and staff costs. As a result of these factors the company repeatedly raised prices of its products last year.

In 2021, Dailrade Koks paid increased attention to boosting productivity to at least partly mitigate the impact of growing costs.

The company's investments in development reached EUR...