Interface Inc - Company Profile

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Interface Inc: Segment Analysis

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Business Description

Interface Inc (Interface) is a global flooring solutions company that offers an integrated portfolio of flooring products, including carpet tile, luxury vinyl tile (LVT), nora rubber flooring, and FLOR premium area rugs. The company is recognized as a global sustainability leader, providing a range of low carbon and cradle-to-gate carbon negative products. Interface serves various industries, including corporate office, education, healthcare, government, hospitality, and other commercial end-markets.

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R&D Overview

Interface maintains an active R&D team focused on innovation and increased customization in product design and styling. The company's efforts have led to design breakthroughs such as CQuest backings, plank and Skinny Plank products, and the i2 product line. For nora rubber flooring products, the focus is on performance and design, with innovations like the self-adhesive nTx solution and notable design changes in noraplan Iona, noraplan valua, and noraplan unita. The R&D unit of Interface includes an internal research, development, and design staff, as well as collaboration with David Oakey Designs. The internal team provides technical support and advanced materials research and development, while David Oakey Designs offers carpet design and consulting services, creating commercial carpet designs and overseeing product development, design, and coloration functions for the modular carpet business in North America. In FY2024, the company’s R&D expenditure was US$15.1 million.




Geographical Segments

Overview

This segment covers the US, Canada, and Latin America. Offers modular carpet, luxury vinyl tile (LVT), and rubber flooring, serving industries such as offices, healthcare, airports, education, hospitality, retail, and residential interiors.

Performance

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Overview

Covers Europe, Africa, Asia, and Australia, offering modular carpet, luxury vinyl tile (LVT), and rubber flooring. It serves industries such as corporate offices, healthcare, retail, education, and hospitality. Key brands associated with this segment include Interface, FLOR, noraplan, and norament.

Performance

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