Annual Report 2017

Sängjätten

Sängjätten is a full-service format in the Swedish market, comparable to Beter Bed. There are a total of 25 stores, of which 9 are franchises. The company was added to the group in June 2016. The new Sängjätten look and feel was introduced in late 2016, followed by the introduction of the new ranges from the second quarter of 2017. This resulted in a significant rise in the order intake.

2017

2016

Change

Revenue (x € 1,000)

11,606

4,966

133.7%

Number of stores

16

16

0.0%

Number of employees (FTE)

71

52

36.5%

Three stores will be acquired from franchisees in 2018. This is one reason why the number of stores will likely rise to above 20 in 2018. In the course of 2018, the other franchisees will continue to operate individually and under their own name and will no longer be part of Sängjätten.

www.sangjatten.se