Belysse Group NV. Stock Analysis BELYS.BR

Belysse Group NV engages in the manufacturing of textile floor coverings for commercial and residential applications. The company is headquartered in Waregem, West-Vlaanderen and currently employs 1,000 full-time employees. The company went IPO on 2017-06-14. The firm is a producer of textile floor coverings in Europe. Its products portfolio encompasses: woven and tufted area rugs (balta home), wall-to-wall carpets and residential carpet tiles (balta carpets and ITC), wall-to-wall contract carpet and commercial carpet tiles (arc edition, modulyss and Bentley), and needle felt and technical non-wovens (Captiqs). The company has several production sites worldwide in the domestic market, Turkey and the United States. In addition, Belysse Group NV delivers customer-focused approach to its business and is engaged in the solar panel projects in the Benelux region in order to supply renewable energy to fuel its production facilities.