Beter Bed Holding announces strong Q1 sales, with upturn in online channel

17 April 2020

Highlights first quarter:

  • Q1 2020 sales increased by 8.0% to € 54.3 million, with like-for-like sales growth of 6.9%, with both Benelux and New Business contributing.
  • Q1 2020 online sales increased by 29.6% to € 5.6 million, amounting to 10.3% of total sales.
  • Order intake decreased by 2.0% over Q1 2020, following the COVID-19 outbreak, while the level until mid-March was 9% above last year.
  • Discussing term sheet for extension of bank agreement with current banks. Expected to conclude in Q2 2020.

Download the full press release:

20200417 Trading update Q1 2020 (0.53Mb)

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Beter Bed Holding NV published this content on 17 April 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 April 2020 05:05:05 UTC