Annual Report 2016

2016 in brief

2016 was characterised by:

  • Continuing economic recovery in the Netherlands.
  • Lower propensity to buy in the mattress segment in Germany.
  • Expansion in virtually all countries.
  • Acquisition of Sängjätten in Sweden.
  • Further expansion of pilot in France.
  • Introduction of M line in the United Kingdom.
  • Increased customer satisfaction.
  • Growing role of omnichannel.

  • 6.5% growth in revenue (like-for-like 2.8%).
  • Margin improves by 10 basis points.
  • 8.7% decrease in EBITDA.
  • € 19.0 million net profit.
  • € 0.87 earnings per share (2015: € 1.03).
  • € 0.74 dividend per share (2015: € 0.87).
  • 108 store openings and 63 store closures; an increase of 45 stores on balance.
    The group had 1,206 stores at year-end 2016.