BETER BED HOLDING N.V. Beter Bed Holding
Strategy going forward
May 2021
Disclaimer
Certain statements in this communication may constitute forward looking statements. These statements are based on expectations, projections about the industry, management's beliefs and certain assumptions that are believed to be reasonable at the time they are made, and are subject to significant risks and uncertainties.
You should not rely on these forward-looking statements as predictions of future events and these statements are not guarantees of future results. We undertake no obligation to update or revise these statements.
Our actual results may differ materially and adversely from any forward-looking statements discussed in this communication due to a number of factors, including without limitation, risks from macroeconomic developments, operational risks, IT risks, risks associated with COVID-19, changes in customer demands, fraud, and changes in competition levels.
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Topics for today
- Company overview
- Market trends
- Growth strategy
- Financials
- Questions & Discussions
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Company overview | Market Trends | Growth Strategy | Financials | Questions & |
Discussions | ||||
Aftera rigorous restructuring BBH is well-positioned for a bright future
2020: Drive operational performance | |||
Generated profitable growth | |||
2018 - 2019: Restructuring | |||
Improved operations to reduce cost | |||
Discontinuation of Spanish business | pressure | ||
€ | Improved cash position and further | ||
Restructuring & divestment of Matratzen | |||
deleveraged company | |||
Concord (DACH region) | |||
Defined strategy for the future | |||
Sale & lease back of DC Uden, DC | |||
Hoogeveen & DC Nieuw-Vennep | |||
Shareholder loan provided by three
major investors
€ Share issue to deleverage company
2021: Strategic transition
Serving the growing group of
health-conscious and sustainable customers
Moving from a classic retailer to a subscription-basedservice provider
Pushing for online dominance
2020: Drive operational performance Entering new B2B market segments
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Company overview | Market Trends | Growth Strategy | Financials | Questions & |
Discussions | ||||
2020: Order intake and sales showing strong growth
Core BBH financials | |
Revenue | EBITDA (excl. IFRS16)* |
CAGR: +13% | €222M |
€186M | €19.2 M |
€173M |
€11.8 M
€9.4 M
2018 | 2019 | 2020 | 2018 | 2019 | 2020 |
*) EBITDA is EBIT plus depreciation of PPE and amortisation of intangible fixed assets. EBITDA is | not | ||||
considering depreciation on right of use assets arising from lease agreements (IFRS16 effect) | |||||
**) EBITDA 2018 and 2019 represent result for the continuing operations |
Benelux | New business | |||
Order Intake | Revenue | Order Intake | Revenue |
+ 24.0% LFL | + 21.1% | +31.4% LFL | + 8.7% |
Stores | FTE | Stores | FTE |
135 | 929 | 16 | 91 |
Outgrowing market | (Sängjätten only) | ||
with >10%pt |
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Beter Bed Holding NV published this content on 12 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 May 2021 16:07:00 UTC.
