07/21/2021 | Press release | Distributed by Public on 07/20/2021 23:02
21 Jul 2021 07:00 CEST
BETER BED HOLDING
NL0000339703
Euronext
BBED
Beter Bed Holding sees continued strong sales and achieves higher net result over H1 2021
Beter Bed Holding N.V. (BBH) - the Netherlands' leading sleep specialist in retail, wholesale and B2B - today announced its results for the second quarter and first half year ended 30 June 2021.
Highlights first half 2021
John Kruijssen, CEO of BBH, comments:
'COVID-19 continued to impact the retail landscape, with the vast majority of stores closed or opened with restrictionsfrom mid-December 2020 until end of April 2021. Through a strong increase in online sales, as well as the successfulimplementationof'shoppingbyappointment'andthoroughpreparationsenablingasmoothreopening,theGrouphas been able to meet the sales levels of the first half of 2020. This is a true testament of the agility of the Group, andwe have launched our new mid-term strategic plan to further build on this. We are in good shape to execute on thisplan, with a new financing agreement in place for the next three years and the successful divestment of the Sängjättenoperations in Sweden. With a streamlined and focused organisation, we can build on major global trends shaping thefuture of the bedding industry. We are launching many initiatives underpinning our strategy, including the opening ofan experience store in the next quarter, the launch of our very first subscription label Leazzzy and our new CSR strategywill be presented. Although the current market circumstances still ask for some caution, we are well underway toachieveourlong-termambitionsforacceleratedgrowth.'
Please click on the link below for the full version of the press release including interim financial statements 2021. Press photos can be downloaded here.
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Beter Bed Holding NV
Thomson Reuters ONE