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Beter Bed Holding N.V. started off initially, in the 1980's, as a retail organisation specialising in bedroom furnishings. In 1990 the company started up its own production facilities in the Netherlands under the name of Bedden & Bedden B.V. and in 1994 this subsidiary started up production in Poland. Presently 27% of sales is manufactured by the company itself. In December 1996 73% of Beter Bed Holding's shares were floated onto the Amsterdam Stock Exchange, yielding 9.6 million Dutch Guilders, after which in January 1997 the company acquired the Dutch bedroom retail-chain Dormael Slaapkamers B.V. financed with money from the floatation. This new subsidiary is operating in the higher segment of the retail business.
| Year results |
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| in NLG mln | 1999 | 1998 | 1997 | 1996 |
| turnover | 456.6 | 239.6 | 191.6 | 145.3 |
| operating result | 48.8 | 28.1 | 24.7 | 19.1 |
| net interest | 0.0 | -1.8 | -1.9 | -1.4 |
| result before taxes | 0.0 | 26.4 | 22.8 | 17.6 |
| taxes | 0.0 | -9.0 | -8.0 | -6.4 |
| minority interests | 0.0 | 0.1 | 0.0 | 0.0 |
| net result | 28.1 | 17.5 | 14.8 | 11.2 |
| dividend per share | 1.25 | 0.90 | 0.80 | 0.65 |
| result per share | 3.67 | 2.70 | 2.30 | 1.86 |
Estimated EPS for
2001: EUR 1.35
2002: EUR 1.55
(Sep. 22 2001)
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Section:
Remaining shares, A/J
Ticker: BBED
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