Beter Bed Holding NV reported earnings results for the fourth quarter and year ended December 31, 2016. For the year, revenue increased by 6.5% to EUR 410.5 million. This increase was amongst others achieved through growth in the average number of stores, as a result of organic growth and acquisitions. EBITDA approximately to EUR 38.5 million compared to EUR 41.1 million a year ago decreased by 6.3%. The decrease in EBITDA was caused primarily by the lower revenue in Germany, higher expenses in the Netherlands and the results of Sangjatten. For the quarter, revenue increased by 8.6% to EUR 111.8 million. This increase was amongst others achieved through growth in the average number of stores. EBITDA decreased by 9.2% to EUR 14.1 million and amounted to 12.6% of revenue. The decrease in EBITDA was caused primarily by the lower revenue in Germany, higher expenses in the Netherlands and the results of Sangjatten.