Beter Bed achieves lower result in first half year of 2014
Uden, the Netherlands 22 August 2014
- Revenue decrease of 6.3% to € 168.7 million, mainly due to store closures.
- Recovery continues in second quarter:
- Like-for-like order intake Beter Bed Netherlands + 5.4%;
- Like-for-like revenue in Spain + 12.7%.
- Gross profit rises to 57.2%.
- Expenses down 3.5% to € 90.2 million.
- Operating profit € 6.4 million (H1 2013: € 8.1 million).
- Net profit € 4.9 million (H1 2013: € 5.4 million).
Download full press release: