Beter Bed Holding: revenue increased by 5.3% in second quarter
14 Juillet 2017 - 8:00AM
Beter Bed Holding N.V. realised a positive second
quarter. Revenue amounted to € 94.6 million, which is an increase
of € 4.8 million (5.3%) compared to last year (Q2 2016: € 89.8
million), despite the warm weather which influenced the number of
visitors. Excluding the acquisition of Sängjätten revenue increased
by 2.9%.
In Germany the like-for-like revenue amounted to
-0.9% in the second quarter which is in line with the trend of the
improving revenue development in the past quarters (Q1 2017:
-1.7%). Total revenue slightly decreased by 0.4% in the second
quarter compared to last year.
In the Netherlands revenue increased by 6.1% in
the second quarter. Order intake in comparable stores increased by
13.1%. Consumer confidence and propensity to buy remained
unabatedly high.
Switzerland, Spain and Belgium posted growth in
revenue of 8.1%, 12.2% and 38.6% respectively in the second
quarter. In Austria revenue reached the same level as previous
year. Order intake in Sweden increased by 19.4% in the second
quarter.
The order portfolio for the group amounted to €
19.8 million at the end of the second quarter, which is 3.1% higher
compared to last year.
Beter Bed Holding N.V. will publish its final
interim figures on 30 August 2017.
Profile
Beter Bed Holding is a European retail organisation that strives to
offer its customers a comfortable and healthy night's rest every
night at an affordable price. The retail formats ensure products of
good quality, offer customers the best advice and always the best
possible deal. Beter Bed Holding is also active as a wholesaler of
branded products in the bedroom furnishing sector via its
subsidiary DBC International (M line).
The current total number of stores is 1,194. In
2016, the company achieved revenue of € 410.5 million and an EBITDA
of € 37.5 million.
For more information:
Ton
Anbeek
Bart Koops
Chief Executive
Officer
Chief Financial Officer
+31 (0)413
338819
+31 (0)413 338819
+31 (0)6
53662838
+31 (0)6 46761405
ton.anbeek@beterbed.nl
bart.koops@beterbed.nl
For the Pdf of the press release please click on
the link below.
press release
14-07-2017.pdf
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The issuer of this announcement warrants that they are solely
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information contained therein.
Source: Beter Bed Holding NV via Globenewswire
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