Beter Bed Holding

Annual Report 2014

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.