Brief: Beter Bed Holding FY EBITDA Excluding One-Offs Down At 0.6 Million Euros

Beter Bed Holding NV

01/03/2019 06:55

March 1 (Reuters) - BETER BED HOLDING NV  BETR.AS :
    * 2018 EBITDA EXCLUDING ONE-OFF COSTS OF RESTRUCTURING AT
EUR 0.6
MILLION
    * SALES DECREASED BY 3.0% TO EUR 396.3 MILLION IN 2018, WITH
SALES
MOMENTUM REGAINED IN Q4
    * NET LOSS AMOUNTED TO € 23.3 MILLION IN 2018.
    * EXPECTATIONS 2019: CONFIDENCE THAT ALL ELEMENTS ARE IN
PLACE TO
RECOVER PROFITABLE GROWTH
    * PLANS SHOULD CONTRIBUTE TO MID-TERM (2-4 YEARS AS OF 2018)
FINANCIAL AMBITIONS OF ACHIEVING 4-5% SALES GROWTH IN CONTINUING
PORTFOLIO
    * PLANS SHOULD CONTRIBUTE TO MID-TERM (2-4 YEARS AS OF 2018)
FINANCIAL AMBITIONS OF ACHIEVING  ACHIEVING AN EBITDA MARGIN OF
7-9%

Source text for Eikon:  ID:nGNE3kvC79 
Further company coverage:  BETR.AS 

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