Velux' owner took a 30 percent dive in earnings

Velux' owner, VKR Holding, grew its revenue in 2018, but its bottom lined was far poorer than the previous year. Negative returns on asset investment dragged down the skylight window manufacturer's profit, informs VKR Holding in the annual report Friday morning.
Photo: VKR Holding
Photo: VKR Holding

VKR Holding, which owns Danish skylight producer Velux, grew its 2018 revenue but still booked a substantial setback on the bottom line, the company informs in its annual financial statement published Friday morning.

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