Beter Bed Holding

Annual Report 2014

Historical summary

at 31 December

2014

2013

2012

2011

2010

2009

Result (in thousand €)

Revenue

363,953

357,363

397,288

397,035

374,724

361,470

Gross profit

208,653

203,185

223,843

224,410

209,507

197,832

EBITDA1

31,284

22,272

38,143

46,798

45,308

40,388

Operating profit (EBIT)

23,042

12,284

23,719

38,288

37,460

32,638

Net profit

16,860

8,198

14,418

28,025

27,937

23,918

Depreciation and impairment

8,242

9,988

14,424

8,510

7,848

7,750

Cash flow

25,102

18,186

28,842

36,535

35,785

31,668

Net investment

(12,207)

4,633

10,262

13,082

7,590

5,648

Capital (in thousand €)

Total assets

117,123

102,485

110,855

114,571

113,977

109,077

Equity

68,635

57,963

55,832

62,015

60,851

55,052

Figures per share

Net profit in €

0.77

0.38

0.67

1.29

1.30

1.12

Cash flow in €

1.15

0.84

1.33

1.69

1.66

1.49

Dividend paid in €

0.65

0.27

0.47

1.10

1.30

1.04

Average number of outstanding shares (in 1,000 of shares)

21,855

21,734

21,681

21,660

21,512

21,310

Share price in € at year-end

17

18

13

14

21

16

Ratios

Revenue growth

1.8%

-10.0%

0.1%

6.0%

3.7%

0.8%

Gross profit/revenue

57.3%

56.9%

56.3%

56.5%

55.9%

54.7%

EBITDA/revenue

8.6%

6.2%

9.6%

11.8%

12.1%

11.2%

Operating profit/revenue

6.3%

3.4%

6.0%

9.6%

10.0%

9.0%

Net profit/revenue

4.6%

2.3%

3.6%

7.1%

7.5%

6.6%

Solvency

58.6%

56.6%

50.4%

54.1%

53.4%

50.5%

Interest cover

77.1

17.2

59.0

88.2

96.3

49.5

Other information

Number of stores at year-end

1,127

1,175

1,219

1,187

1,117

1,064

Number of FTE at year-end

2,369

2,420

2,495

2,451

2,353

2,274

Revenue per FTE (in € 1,000)

154

148

159

165

163

163

  1. 1 Operating profit before depreciation, impairment and amortisation.