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Beter Bed Holding B.V.

Beter Bed Holding B.V.

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Publicatie datum 22 jan 2014 - 08:00
Statutaire naam Beter Bed Holding B.V.
Titel Beter Bed: decrease in revenue and simplification of formula portfolio in the Benelux places extra pressure on net profit
Bericht • Net revenue totalled € 357.4 million in 2013, 10.0% lower than in 2012 (€ 397.3 million). • Simplification of formula portfolio through the closure of Matrassen Concord Benelux and Slaapgenoten stores; related non-recurring expenses amounted to € 6.5 million (total non-recurring expenses 2013: € 7.5 million). • Further focus enables Beter Bed to expand the market position of the Beter Bed and BeddenREUS formulas. • Operating profit (excluding the non-recurring expenses) decreased to approximately € 19.6 million (5.5% of revenue) in 2013 (2012: € 31.2 million; 7.9% of revenue). • Net profit excluding non-recurring expenses amounted to approximately € 14.2 million in 2013 (2012 excluding non-recurring expenses: € 22.2 million).