Beter Bed achieves 34% increase in net profit in third quarter 2009

Beter Bed achieves 34% increase in net profit in third quarter 2009

ID: 7657

(Thomson Reuters ONE) - Highlights:* Net profit totals ? 5.8 million in third quarter of 2009 (2008: ? 4.3 million) with a 2.2% increase in revenue.* Net total of 18 stores opened in the first nine months of 2009, bringing the number of stores to 1,054 at the end of the third quarter of 2009.* Interim dividend of ? 0.35 per share (last year: ? 0.29).* Outlook: Revenue and net profit are also expected to be higher in the fourth quarter of 2009 than in the same period of 2008.Beter Bed Holding N.V. achieved net profit of ? 12.0 million in thefirst nine months of 2009 (same period in 2008: ? 15.2 million).Revenue in the first nine months of 2009 amounted to ? 259.6 million,compared to ? 265.2 million in the same period of 2008. Thisrepresents a decrease of 2.1%.ProfileBeter Bed operates in the European bedroom furnishings market. Itsactivities include retail trade through a total of approximately1,050 stores that operate via the chains Beter Bed (active in theNetherlands), Matratzen Concord (active in Germany, the Netherlands,Austria, Switzerland, Belgium and Poland), El Gigante del Colchón(active in Spain), BeddenReus, Dormaël and Slaapgenoten (all threeactive in the Netherlands) and MAV (active in Germany). Beter BedHolding is also active in the field of developing and wholesalingbranded products in the bedroom furnishings sector in theNetherlands, Belgium, Germany and Spain via its subsidiary DBCInternational. Beter Bed Holding achieved net revenue of ? 358.6million in 2008. The company has been listed on Euronext Amsterdamsince December 1996. The Beter Bed Holding share is included in theAmsterdam Small Cap Index.For more information, please contact: Frans Geelen, Chief ExecutiveOfficerTel. +31 (0)413 338819 / Fax +31 (0)413 338829 / Mob. +31 (0)629565517E-mail: frans.geelen(at)beterbed.nl / Website: www.beterbedholding.comPlease click on the link below for the full version of the pressrelease.http://hugin.info/132850/R/1351337/326533.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Bereitgestellt von Benutzer: hugin
Datum: 30.10.2009 - 08:00 Uhr
Sprache: Deutsch
News-ID 7657
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