lorenger jeff HNI 2021HON Allsteel: sales 
recovery receding?

Volume down -30% v '19
Kimball acquisition boost

HNI/HON+ AllSteel) the $1.7Bn US furnituremaker, reported organic declines in office demand in Q4'23. CEO Jeff Lorenger commented complacently given the slow RTO hurting contract sales and growth in WFH markets; and added more details of the Kimball acquisition that boosted revenues substantially.

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