The administration refers back to the monetary scenario earlier than making the choice. The Beaulieu Worldwide Group achieved a turnover of two billion euros and a complete revenue of 98.1 million euros final yr, in comparison with 250 million euros in 2022. On the identical time, 80.7 million euros had been invested.
The group explains how demand has decreased worldwide. “In Belgium we principally felt the impression of rising labor prices together with excessive power prices,” the group mentioned in an announcement. sectors in opposition to low-cost imports from Asian international locations, which supply merchandise at a lot decrease costs than merchandise from their very own manufacturing.”
Beaulieu introduced in April that it supposed to shut 3 manufacturing websites that had been making a structural loss. In the present day the closing of Berry Yarns in Komen was introduced at a particular jobs council. The group desires to pay attention yarn manufacturing in Comines, France and China. It was additionally introduced at this time that the tufting operation of the factitious grass manufacturing unit in Oostrozebeke has been closed, ensuing within the lack of 30 jobs.
“These interventions are wanted to make the corporate extra environment friendly. Additionally they enable for larger specialization in high-end markets and area of interest segments, similar to synthetic grass and yarn. , higher and provide extra sustainable merchandise to clients,” the assertion mentioned.
2024-06-06 16:53:22
#clothes #firm #Beaulieu #closing #division #Oostrozebeke #jobs #threat
