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Beter Bed Holding B.V.

Beter Bed Holding B.V.

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Publicatie datum 08 mrt 2013 - 08:07
Statutaire naam Beter Bed Holding B.V.
Titel Beter Bed posts lower profit in 2012 with steady revenue
Bericht Further fall in consumer confidence in the Netherlands and Spain. 2012 net revenue nearly equal to previous year at € 397.3 million (2011: € 397.0 million). 2012 net profit including write-downs for Spain and non-recurring expenses fell by 49% to € 14.4 million (2011: € 28.0 million); earnings per share totalled € 0.67 (2011: € 1.29). Normalised net profit decreased by 21% in 2012 to € 22.2 million (2011: € 28.0 million); normalised earnings per share of € 1.02 (2011: € 1.29). Dividend proposal: € 0.47 per share, pay-out ratio of 70%. After taking the write-down, the Spanish activities were repositioned from a full service into a cash & carry formula.