Trading update Q3 2014: strong growth in revenue in third quarter
Uden, The Netherlands, 30 October 2014
Third quarter
- Net revenue rose by 10.6% to € 95.7 million (like-for-like: +12.6%).
- Gross profit decreased by 0.3% to 56.0%.
- Expenses increased by 5.3% to € 47.4 million.
- EBIT rose by 67.2% to € 6.1 million (Q3 2013: € 3.7 million).
- Average number of stores decreased by 4.1%.
First nine months
- Net revenue decreased by 0.8% to € 264.4 million (like-for-like: +2.5%).
- Gross profit rose by 0.4% to 56.8%.
- Expenses decreased by 0.7% to € 137.6 million.
- EBIT rose by 6.5% to € 12.5 million (Q3 2013: € 11.7 million).
- Average number of stores decreased by 4.2%.
Beter Bed Holding has had a positive third quarter. Higher revenue has been achieved across nearly all countries and formulas.
Download full press release:
20141030 Trading update Q3 2014 (0.66Mb)