Lumon opens the year strongly
11 May 2017
Lumon significantly increased order volume during January-March 2017. Over the same time period, the company achieved an all-time sales record. The sales figures for Q1 for Lumon Group are 17 % higher than the previous year.
During the first quarter, sales for Lumon Group grew to 51 million Euros. The strong sales figures were especially influenced by successes in project sales in Finland, Sweden and Canada. Project sales includes b2b sales to housing companies and construction companies. Consumer sales also developed positively; over Q1 the order backlog for Lumon Group grew by 22 million Euros.
─ The strong increase in order volume indicates that our customers trust Lumon. We have succeeded in building a trustworthy image. This has required each Lumon employee to work according to our values: we are close to the customer, we keep our promises and we build the future, says Lumon CEO Jussi Kinnunen.
Lumon aims to continue on a path of strong growth and profitability. The target for 2020 is to nearly double turnover to 200 million Euros from the current 120 million. The goal for the ongoing year is to reach a turnover of 140 million Euros.
─ We estimate that this year half of our revenue will come from exports. We are strongly focused on internationalization; we have just opened a new subsidiary company in Denmark and are negotiating new sales offices around Europe, says Kinnunen.
-
Creating more functional urban homes with balcony glazing in Wrocław
Read more…Modern architecture, functional solutions, and resident comfort are values that increasingly define contemporary residential developments. One example of this approach is the Armii Krajowej 7 project developed by i2 Development in Wrocław, Poland, where Lumon balcony glazing systems were installed. Designed by Chamielec Architekci, the project harmoniously combines modern aesthetics with the functionality of urban living.
-
Lumon Annual review 2025: International growth, new strategy and sustainability milestones
Read more…Lumon Group has published its Annual review 2025, highlighting a year of resilience, strategic renewal, and continued international growth despite challenging market conditions.
In 2025, Lumon maintained stable revenue at EUR 159 million while strengthening its position as the global leader in balcony and terrace glazing solutions. Growth was driven particularly by international markets, with Spain continuing its strong development and North America expanding through strategic partnerships and dealer network growth. -
Frameless vs. framed glazing: which is better for balconies and terraces?
Read more…Choosing glazing for a balcony or terrace is about much more than glass panels. The right solution changes how the space feels, how often it gets used, and even how the entire home looks from the inside and outside.