Gabriel has been on a yearlong growth journey and despite a challenged global economy, the company is expecting the growth journey to continue in the years to come. Following the outbreak of the pandemic, Gabriel scaled down its economic expectations but in less than eleven months, the company has managed to fully rebound and get back on track.
In March, Gabriel experienced a growth rate of 11%, and just recently the company upwardly adjusted its revenue expectations . “Our ambitions for Gabriel and the growth of the company are intact, and we maintain an objective of an annual growth of 15%”, says CEO Anders Hedegaard Petersen.
During the past ten years, Gabriel’s growth journey has been defined by an ambitious global strategy, and the company continues to grow its global presence today. New showrooms are opening in design capitals around the world, and new international partnerships are continuously established.
“With our global strategy we have successfully managed to grow the company’s presence in the global furniture markets and to consolidate Gabriel’s position as the furniture industry’s preferred partner worldwide. Expanding our global presence will continue to define Gabriel’s growth journey also in the years to come”, says Anders Hedegaard Petersen.
Gabriel’s long-term continued growth also has its roots in a determined approach to exploring and developing the company’s full potential. With a strong focus on product development and innovation, Gabriel continues to expand its business areas and fields of expertise. “By continuously focusing on developing the company’s potential and expanding our product and service portfolio to meet market demands, we have more strings to our bow and are less vulnerable to global economic fluctuations and downturns”, Anders Hedegaard Petersen underlines.
In the future, Gabriel’s ongoing growth journey will continue to depend on a strong culture of innovation, committed employees, and long-term partnerships with development and financial partners.
Learn more about Gabriel’s growth journey and meet one of our trusted partners in a recently released commercial video produced in cooperation with Gabriel’s primary bank Sydbank: