Today, Beter Bed Holding N.V. (BBH) – the Netherlands’ largest sleep specialist in retail, wholesale and B2B – has published the notice and agenda for its Annual General Meeting (AGM) to be held on Wednesday, 11 May 2022. Further information on the AGM is available on the company’s website www.beterbedholding.com.
During the AGM, BBH will look back on the results achieved over 2021, and update the shareholders on the current developments. 2021 began and concluded with temporary store closures, however the impact has been managed in the remainder of the year and BBH has been able to show growth in sales, EBITDA, EBIT and net profit for the 2021 financial year. This put the Company in a strong starting position for 2022.
John Kruijssen, CEO, comments:
“I am proud of how our organisation performed in 2021. Through the pandemic, we were always open for business – even with our stores closed – successfully connecting with people in new ways, and serving our growing customer base with our innovative range of sleep solutions.
The strategic developments in 2021 contributed to our strong financial results, reflecting the underlying strength of our strategic transformation and putting us in a good starting position for 2022. Our company is in good commercial and financial shape. As a result of our solid financial position and strong results, we will propose a dividend payout of € 0.15 per ordinary share at the AGM, a strong signal of confidence in our future.
We are set to ramp up investments in accordance with our 2025 Strategy and continue to build on our ‘Sleep better, live better’ purpose, with the aim to attain our ambitious growth targets.“
Update first quarter 2022
Despite the mandatory store closures for the first two weeks of 2022 in the Netherlands, which has already started in the second half of December 2021, BBH started the year strongly. Year to date we show a solid performance. Currently, all stores are open without COVID-19 restrictions and order…