2014 in brief
The year 2014 was characterised by:
- Increasing consumer confidence and greater propensity to buy in the Netherlands.
- Increasing propensity to make bed and mattress purchases in Germany.
- Closure of Slaapgenoten, Matrassen Concord Netherlands and Belgium.
- Successful remodelling of 45 Beter Bed stores.
- Expansion in Belgium.
- Continued recovery in Spain.
- 1.8% increase in revenue (like-for-like 4.8%).
- 0.4% margin increase.
- 87.6% increase in operating profit.
- € 16.9 million net profit.
- € 0.77 earnings per share (2013: € 0.38).
- € 0.65 dividend per share (2013: € 0.27).
- 63 store openings, 111 store closures; decrease of 48 stores on balance. Total: 1,127 stores.