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.