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Better Bed saw its fourth quarter revenue rise, but operating profit fell lower. Especially the increased costs and continued problems in Germany caused a worse result than a year earlier. The total sales growth fell, however, higher than where KBC and ING taken by the bank on.
in Addition to the modernization of stores, attracted a Better Bed the purse for the training of sales people, opening new stores and improving internetverkoopkanalen. This investment will, according to the bank go to repay. KBC has a Better Bed on his favorietenlijstje for 2017.
Newcomers
ING emphasized the profitability of the group, where the results for the fourth quarter improved compared to the weak third quarter. The bank thinks that investors will be satisfied with the results. However, some investors continue to worry about the impact of newcomers on the beddenmarkt and the seemingly ever-lasting renewal and renovation of shops.
ING and KBC maintained their koopadviezen on Better Bed. Better Bed posted Friday about 09.40 1.1 percent higher on 16,97 euro.
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