Beter Bed Holding N.V. : H1 2023 not seen to add to the feasibility of 2025 goals
>Beter Bed set to report H1 2023 results on 21 July - Beter Bed is set to report its H1 2023 results on 21 July at 07:00, and will host an analyst meeting later that morning at 11:00.€ 117m sales, € 5m EBIT and € 3.5m net profit expected in H1 2023 - We forecast sales € 116.9m (+4%) in H1 2023. We note that, apart from two weeks of store closures in January 2022, H1 2023 no longer compares with a base distorted by COVID-19-related measures. Beter Bed’...Beter Bed Holdings is a holding company. Through its subsidiaries, Co. operates in the European bedroom furnishings market and offers mattresses, box springs, bed bases, bedroom furniture, bed textiles and other related items. Co.'s activities include retail trade through 1,159 stores that operate via the chains Beter Bed (active in the Netherlands), Matratzen Concord (active in Germany, the Netherlands, Austria, Switzerland, Belgium and Poland), El Gigante del Colchon (active in Spain), BeddenREUS, Dormaeel and Slaapgenoten (all three active in the Netherlands) and MAV (active in Germany). Co. is also active in developing and selling branded products in the bedroom furnishings sector.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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