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June 30, 2015 2:20 AM ET

Specialty Retail

Company Overview of Beter Bed Holding NV

Company Overview

Beter Bed Holding N.V. operates as a retail trader in the bedroom furnishings market. The company offers mattresses, bed bases, bed textiles, and bedroom furniture to consumers through its retail stores and Webshop. It operates 1, 127 stores under the Beter Bed, Matratzen Concord, El Gigante del Colchón, and Beddenreus names. The company also develops and sells mattresses under the M Line name through an international dealer network. It has operations in Germany, Austria, Switzerland, the Netherlands, Belgium, and Spain. The company was founded in 1981 and is based in Uden, the Netherlands.

Linie 27

Uden,  5405 AR

Netherlands

Founded in 1981

2,369 Employees

Phone:

31 41 333 8819

Fax:

31 41 333 8829

Key Executives for Beter Bed Holding NV

Chief Executive Officer and Member of Management Board
Age: 52
Total Annual Compensation: $492.0K
Chief Financial Officer, Statutory Director and Member of Management Board
Age: 57
Total Annual Compensation: $285.0K
Compensation as of Fiscal Year 2014.

Beter Bed Holding NV Key Developments

Beter Bed Holding NV Declares Final Dividend for the Financial Year 2014, Payable on June 5, 2015

The Annual General Meeting of Shareholders of Beter Bed Holding N.V. held on 19 May 2015 declared a final dividend of EUR 0.37 per ordinary share of nominally EUR 0.02 each for the 2014 financial year. The total dividend for 2014 consequently amounts to EUR 0.65, resulting in a pay-out ratio of 85%. The final dividend will be paid entirely in cash. The dividend will be payable on June 5, 2015, with record date is May 22, 2015. Listing ex-dividend is May 21, 2015.

Beter Bed Holding Reports Earnings Results for the First Quarter Ended March 2015

Beter Bed Holding reported earnings results for the first quarter ended March 2015. The company had a strong first quarter, with all countries achieving higher revenue and profit. Net revenue increased by 10.2% to EUR 102.2 million and on like-for-like basis increased by 10.3%. Mainly as a result of the rise in revenue, operating profit increased by 45.7% from EUR 6.4 million to EUR 9.3 million in the first quarter.

Beter Bed Holding NV(ENXTAM:BBED) added to Euronext 150 Index

Beter Bed Holding NV has been added to Euronext 150 Index.

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