Beter Bed Holding announces Matratzen Concord’s restructuring and Q3 trading update

17 October 2018

As disclosed in its presentation of the 2018 half-year results, Beter Bed Holding kicked off a strategic journey to recover profitable sales growth. A full update on the short-term restructuring and mid-term sales growth plans will be presented at the Capital Markets Day on October 26th.

The first steps of this strategic journey are successfully implemented. This included, amongst others:

  • launching new customer driven assortment and innovation;
  • accelerating the omnichannel proposition in all our markets;
  • discontinuing the Spanish operation;
  • exchanging the leadership teams (CFO, Benelux, Germany, Austria, Switzerland);
  • launching a new partnership with EuroParcs through the wholesale business DBC.

Download the full press release:

Download icon20181017 Announcement Matratzen Concord's restructuring and Q3 trading update (327.5kb)