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Latest News from BRG and the Global Building Products Industry
Stay informed regarding BRG's latest publications and industry news covering the markets for HVAC equipment, components & controls, bathroom & kitchen products, plumbing, pipes, valves & fittings and thermal insulation.
Dec 16, 20242 min read
Dec 5, 20243 min read
Dec 4, 20244 min read
brg_news_room
12 minutes ago1 min read
Trane Technologies Reports Revenue Growth and Strong Bookings in 2024
Trane Technologies Reports Revenue Growth and Strong Bookings in 2024 USA: Trane Technologies plc has reported its financial results for...
brg_news_room
Oct 31, 20241 min read
LIXIL Reports Revenue and Profit Growth Amid Structural Reforms
Japan: LIXIL Corporation announced revenue and profit growth for the six-month period ending 30 September 2024, supported by new product...
brg_news_room
Sep 20, 20241 min read
Lecico Egypt Approves Merger of Key Ceramic Firms
Egypt: The board of Lecico Egypt (LCSW) has sanctioned the merger of Lecico Ceramic Industries Company, International Ceramics, and...
brg_news_room
Aug 25, 20241 min read
The European Union Authorises the Acquisition of Purmo Group
Finland/USA: The acquisition of sole control of Purmo Group of Finland by Apollo Global Management of the United States has been approved...
brg_news_room
Aug 20, 20241 min read
CTD Closes 56 Stores, Cuts 268 Jobs Amid Insolvency
UK: The Newcastle-based brand CTD has announced the closure of 56 stores and the redundancy of 268 employees, according to statements...
brg_news_room
Aug 20, 20241 min read
Lowe's Expected to Report Sales Decline, Following Home Depot's Disappointing Results
USA: Lowe's is expected to release its fiscal Q2 earnings report on 20THÂ August. According to Bloomberg's consensus, Wall Street...
ravi_sharma
Jun 21, 20241 min read
China's Industrial Growth Slows As Property Slump Persists
China: China's industrial output for May grew by 5.6% year-on-year, falling short of expectations and slowing from April's 6.7% growth,...
ravi_sharma
Jun 19, 20241 min read
Hitachi Planning to Sell its Stake From Johnson Controls-Hitachi JV
USA/Japan: Hitachi is planning to sell its 40% stake in the Johnson Controls-Hitachi Air Conditioning joint venture, with potential...
brg_news_room
May 21, 20242 min read
Lecico Releases Annual Financial Results For 2023
Egypt: Lecico has released its annual financial results, showcasing significant growth and improvements across various metrics. Overall,...
brg_news_room
May 21, 20241 min read
UK: Victorian Plumbing Acquires Victoria Plum in a £22.5 Million Agreement
UK: In a deal valued at £22.5 million, Victorian Plumbing has acquired its competitor online bathroom retailer, Victoria Plum. This...
brg_news_room
May 20, 20241 min read
Thai Retailer Boonthavorn Plans IPO to Fuel Expansion
Thailand: Boonthavorn Retail Corporation, a Thai home improvement retailer with connections to Siam Cement Group (SCG), is set to launch...
brg_news_room
May 15, 20241 min read
US based FGI Industries Starts 2024 with Strong Revenue Growth
USA: FGI Industries, a leading supplier of kitchen and bath products, is off to a successful start in 2024. The company recently...
brg_news_room
May 13, 20241 min read
RAK Ceramics' 2024 First-Quarter Earnings After Tax Fell by 21.5% to US$17.13 million.
UAE: RAK Ceramics, one of the world's largest providers of ceramics lifestyle solutions, reported a 21.5% decline in first-quarter profit...
brg_news_room
May 10, 20241 min read
TEKO's Parent Company KKVB Acquires Vitalis
Germany/Canada: In a move that strengthens its position in the global HVAC market, KKVB Group, the parent company of leading German OEM...
brg_news_room
May 10, 20241 min read
Kohler Divests Energy Unit to Platinum Equity
USA: Kohler Co. has announced a strategic shift, selling a majority stake in their energy division to investment firm Platinum Equity....
brg_news_room
May 7, 20241 min read
RAK Ceramics Q1 Profits Plunge By 70% in Bangladesh
Bangladesh: RAK Ceramics Bangladesh, leading tile and sanitaryware company, witnessed a staggering 70.5% drop in profits for the first...
brg_news_room
Apr 24, 20241 min read
IMF: The Rate of Global Recovery Varies by Location and is Often Slow
Global: The world economy is expected to grow at the same rate of 3.2% in 2024 and 2025 as it did in 2023, according to the baseline...
brg_news_room
Apr 17, 20241 min read
World Bank Revises its Growth Forecast for the Saudi Economy to 5.9%.
RIYADH: In comparison to its previous prognosis, which was 4.2% in January of this year, the World Bank has increased its projection for...
brg_news_room
Feb 7, 20242 min read
Indonesian economy sees solid growth in Q4 2023
According to Bank Indonesia (BI), despite a slowdown in the global economy, Indonesia's economy expanded strongly in the fourth quarter of 2
brg_news_room
Jan 29, 20241 min read
Thai economy in recession, needs a boost - Finance Official.
The government last week cut its growth forecast for Southeast Asia's second-largest economy in 2024 from 3.2% to 2.8%.
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