Skip to main content

Beter Bed Holding records strong sales growth of 28.7% in Q4 2020

Written by Customer Service on . Posted in Public Companies.

Highlights
Q4 sales amount to € 61.3 million with strong growth driven across all businesses.    Order intake in Benelux in Q4 (+15.1% like-for-like) and New Business (+52.0% like-for-like) resulted in +18.7% in order intake over Q4 and +24.8% for the full year (like-for-like).Order book rose to a record level of € 24.8 million (up 19% vs. 31 December 2019), despite the COVID-19 pandemic and store closures following the second lockdown as of mid-December.Online sales up 119.2% in Q4, leading to a channel share of 17.4% over Q4 and 14.8% for the full year.Strong performance New Business with significantly improved sales at Sängjätten and continued significant growth in the B2B channel at DBC.
John Kruijssen, CEO of Beter Bed Holding, comments:“The fourth quarter of 2020 marks our seventh consecutive quarter of revenue growth for the Group both offline and online. Our strategy to improve sleep quality of our customers, through all activities we initiate, is clearly paying off. The investments to further digitalise our company and to enhance the customer journey are showing exciting results and better insights to support revenue growth and customer appreciation. In 2021, we will continue to build on our strategic journey of delivering quality sleep through newly developed product ranges, the implementation of technology generated advice, partnerships with specialists and more support services for our customers, while we continue to be the price leader in our market.”For the complete version of the press release please click on the link below. Press photos can be downloaded here.
  Attachmentpress release 22-01-2021

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.