Annual Report 2017

2017 in brief

2017 was characterised by:

  • Continuing favourable macroeconomic conditions in the Netherlands.
  • Decreasing number of visitors in Germany in the fourth quarter due to supplier-related problems.
  • Successful reintroduction of the Sängjätten format in Sweden.
  • Closure in France.
  • Increased customer satisfaction.
  • Growing role of omnichannel.

  • 1.5% growth in revenue (like-for-like -0.4%).
  • Margin decreases by 30 basis points.
  • € 27.5 million EBITDA.
  • € 9.5 million net profit.
  • € 0.43 earnings per share (2016: € 0.87).
  • € 0.37 dividend per share (2016: € 0.74).
  • 59 store openings and 77 store closures; a decrease of 18 stores on balance.
    The group had 1,188 stores at year-end 2017.