Place de cotation: AMSTERDAM
STOCK EXCHANGE
code number 033969.
Beter Bed Holding represents
a group of businesses engaged in retail activities in the international
bedroom furniture market. The company sells bedroom furniture, mattresses,
bed bases and other bedroom accessories to consumers through various leading
retail formulas.
The retail chains operate
in different market segments, each with its own image and identity. Increasingly,
consumers are attaching greater importance to modern, attractively furnished
bedrooms, as well as acknowledging the importance of a good night’s rest.
As a result, they are paying more attention to good-quality sleeping units
and increasingly appreciate good advice from a bedroom furniture specialist.
http://www.beterbedholding.com
Beter
Bed: growth in revenue and profit continues
•
Revenue
increased by 0.8% to € 361.5 million for the full year 2009 despite
shrinking market.
•
Net
profit for the full year 2009 totalled € 23.9 million, 8.1% higher
than in 2008.
•
Revenue
once again higher in the fourth quarter of 2009 (+9.0%).
•
Net
profit in the fourth quarter of 2009 amounted to € 11.9 million (71.1%
higher than the fourth quarter of 2008).
•
Dividend
proposal: € 1.04 per share (2008: € 0.52 per share); payout ratio
of 93%.
•
Despite
the poor accessibility of German stores due to prolonged extreme winter
weather conditions, the company expects to realise higher revenue with
at least a 35% rise in net profit in the first quarter of 2010 compared
to the first quarter of 2009.
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