Brief: Beter Bed Holding Like-For-Like Sales Increase Of 2.4% In Q2 2019

Beter Bed Holding NV

19/07/2019 06:08

July 19 (Reuters) - BETER BED HOLDING NV  BETR.AS :
    * REG-BETER BED HOLDING: AGREEMENT REACHED WITH BANKS AND
MAJOR
SHAREHOLDERS TO FACILITATE EXIT OF MATRATZEN CONCORD /
LIKE-FOR-LIKE SALES INCREASE OF 2.4% IN Q2 2019
    * ANTICIPATED COMPLETION OF , PREVIOUSLY ANNOUNCED, FULL OR
PARTIAL EXIT OF MATRATZEN CONCORD BEFORE END OF 2019.
    * SECURED LOAN OF EUR 7 MILLION PROVIDED BY THREE MAJOR
SHAREHOLDERS.
    * NEW COVENANTS WILL BE IN PLACE AS OF 30 SEPTEMBER 2019.
    * OVER Q2 OF 2019, SALES WERE ALMOST STABLE AT EUR 88.6
MILLION

Source text for Eikon:  ID:nGNE4RP6n9 
Further company coverage:  BETR.AS 

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