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.