Floorcoverings manufacturer Belysse, formerly known as Balta, has reported a decline in first quarter sales.

According to its latest trading update for Q1 2025, total sales fell 4.3% to €67.2m with organic revenue down by 5.9. Sales in Europe fell 13.2%, while US revenues rose 5.6%.

“The first quarter revenue for 2025 reflects improved volumes compared with prior year in US’ project driven business, and continued weak market demand in Europe that compares negatively to Q1 2024, the strongest quarter in 2024,” Belysse said.

“Adjusted consolidated Group EBITDA for the quarter was below Q1 2024, due to the volume and mix driven decline in Europe compared to a stronger Q1 2024. Q1 2025 results in Europe remain in line with the performance since H2 2024. The results in the US have improved YoY, mainly due to higher volumes as well as higher unitary margins.

“Given the very limited trade flow of the European business with the US and the domestic manufacturing footprint of Bentley Mills serving the US market, we expect current trade tariffs to have a limited direct impact on the company’s trading.”