Beter Bed Holding jumps following Q122 update

Beter Bed Holding NV

30/03/2022 11:07

** Shares of Beter Bed Holding (BBH)  BETR.AS  are up 4.6%
after the company provided update on 22Q1 activities
 urn:newsml:reuters.com:*:nASM0005KF
    ** The Netherlands-based bedroom furnishings company said
growth in sales, EBITDA, EBIT and net profit in 2021 "put the
Company in a strong starting position for 2022"
    ** Despite COVID-19 related restrictions for the first two
weeks of 2022 in the Netherlands, "BBH started the year
strongly", it said
    ** "Despite the turbulent environment, the implementation of
our 2025 Strategy is in full swing and the Company is in a good
shape," says BBH
    ** It aims to further increase capital spending this year to
meet its growth ambitions targets for 2025
    ** Shares are at their highest in 2.2 months, on track for
their best day since March 11


 (Reporting by Dina Kartit)
 ((dina.kartit@thomsonreuters.com))