BB:BALTA Balta Group NV

Balta Group NV produces and sells textile floor coverings in Europe. It operates through four segments: Rugs, Residential, Commercial, and Non-Woven. The Rugs segment designs, manufactures, and distributes a range of machine-made rugs to major retailers, such as home improvement, furniture, specialist, discount, and DIY stores, as well as wholesalers. The Residential segment designs, manufactures, and distributes branded broadloom carpets under the Balta Carpets and ITC brands; and tiles to retailers and wholesalers. The Commercial segment designs, manufactures, and distributes modular carpet tiles for offices and public projects under the modulyss brand; and broadloom carpets for the hospitality sector under the Arc Edition brand to architects, designers, contractors, and distributors. The Non-Woven segment designs, manufactures, and distributes specialized fabrics for insulation, lining, cars, carpet backings, and banners under the Captiqs brand name. The company also offers needle felt products. Balta Group NV was founded in 1964 and is based in Wielsbeke, Belgium.

3.41 EUR
As of 01/14/2022

Security Information
Category1:  Global Equity
Category2:  Common stocks
Category3:  Developed markets ex-US
GICS sector:  Consumer Discretionary
Industry:  Furnishings, Fixtures & Applia
Index country:  Belgium
Country of incorporation:  Belgium
IPO date:  06/14/2017
Stock exchange:    Nyse Euronext - Euronext
Exchange country:   Belgium
Market cap:   122,567,000 EUR
Current dividend yield:   2.33%
Sedol:      BF2P502

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