Beter Bed Holding Announces Revenue Results for the Second Quarter and Six Months of 2015; Provides Earnings Guidance for the Second Quarter of 2015
For the six months, the company's total revenue amounted to EUR 186.1 million in the first six months of 2015 (an increase of 10.3% compared to the first half 2014). Total revenue at comparable stores rose by 9.1% in the first six months of 2015.
For the second quarter, the company expects operating profit in the second quarter of 2015 to be EUR 1.3 million higher than in the same period of last year. Excluding non-recurring income of EUR 0.9 million that was accounted for in the second quarter of 2014, the underlying operating profit rose in the second quarter of 2015 by approximately EUR 2.2 million compared to the second quarter of 2014. Due to the seasonal pattern revenue and net profit are generally at a lower level in the second quarter.