Press release -
JYSK Nordic publishes annual accounts
JYSK Nordic, which covers 15 of the countries in which the JYSK Group has stores, has today published its reports for 2011/12.
The annual report for the part of the JYSK Group known as JYSK Nordic has been published today.
The report covers those companies with stores in the Nordic countries, central Europe, the Netherlands, the UK and China. The report thus covers 15 of the countries in which JYSK now has stores.
The report does not cover the stores in Germany, Austria, Switzerland, France, Spain or Italy, which are run by JYSK Nordic's sister company Dänisches Bettenlager. JYSK Franchise and other companies in JYSK Holding A/S have not been included either.
JYSK's financial year finished at the end of August.
Net profit after tax was DKK 535.4 million, compared to DKK 575.2 million in 2010/11. Profits are regarded as satisfactory and correspond to expectations.
EBIT fell slightly from DKK 861.3 million to DKK 848.3 million in 2011/12. Consolidated net revenue grew by 3.4% as a result of new stores being opened.
The expansion of the overall JYSK group is continuing. We currently have around 17,500 employees spread across more than 2,000 stores, two head offices and six distribution centres. This year, we can therefore state once again that the number of stores and employees has never been higher – and that we are continuing the expansion, allowing even more customers to enjoy lots of great offers from JYSK.
Topics
JYSK is an international chain of stores with Scandinavian roots that sells everything for the home. The first store opened in Denmark in 1979, and today JYSK has over 2,400 stores and 21,000 employees in 48 countries. In Germany and Austria the stores are called Dänisches Bettenlager – in the rest of the world JYSK. JYSK is owned by the Danish tradesman Lars Larsen, who owns a number of companies with a total annual turnover of 27 billion DKK. JYSK’s turnover is 23.2 billion DKK.
