Investment in store concept attracts more customers
JYSK's three-year roll-out plan for modernising its stores has now been completed. In total, it has cost DKK 4.7 billion. The result is more inviting stores, and customers have welcomed this.
Topics: Economy, Finance
JYSK makes IT part of top management
As part of strengthening JYSK’s IT development and investments, the business area IT becomes part of the JYSK Executive Management Team. Chief Information Officer Keld Marott is promoted to Executive Vice President of IT.
JYSK delivers record results with investments in lower prices
For the financial year 2023/24, JYSK delivered an EBIT result of DKK 4.43 billion (EUR 594 million) and increased its turnover to DKK 41.4 billion (EUR 5.6 billion). The global home furnishing retailer invested in lowering its already competitive prices on over half of its popular quality products and set a new customer record.
JYSK delivers strong financial results in challenging global market
For the financial year 2022/23 (FY23), JYSK reached an EBIT result of DKK 3.96 billion (EUR 531 million) and increased its turnover by 6.3% to DKK 38.5 billion (EUR 5.2 billion.) The global home furnishing retailer continued its expansion plans and welcomed over 1.2 million new customers to its stores despite the slowdown in the global retail market.
New Chief Financial Officer (CFO) for JYSK
JYSK has appointed Signe Lind Jacobsen as new Executive Vice President and CFO for the Scandinavian sleeping and living retail company. Her first day at work will be on 1 August 2023.
JYSK again delivers record results despite global challenges
For the financial year 2021/22, JYSK reached its highest EBIT result to date of DKK 4.56 billion (EUR 612 million) and increased turnover by 11% to DKK 36.2 billion (EUR 4.87 billion). However, the retail chain is now seeing the first signs of a slowdown in sales due to global challenges.
Turnover sets new record in JYSK
With a growth of 11 percent, the total turnover for the financial year 2021/22 sets a new record in JYSK, even though a long list of global factors have challenged the business.
JYSK reaches 1 billion DKK in B2B sales
In recent years, JYSK has been focusing a lot on expanding the Business to Business part of the company’s sales activities. The focus has paid off, as JYSK on 28 June for the first time passed 1 billion Danish kroner in B2B sales across countries in one financial year.
JYSK sets new record in earnings
With an EBIT result of DKK 4.5 billion for the financial year 2020/21, JYSK has once again delivered a result at a historically high level.
JYSK presents record results after a most extraordinary year
Despite a number of special challenges, JYSK found the recipe for success and ended up with an increase in earnings of 15 percent in the financial year 2019/20.
Lars Larsen Group delivers yet another record result
With earnings before tax of 499 million EUR, the financial year 2018/19 was the best ever for Lars Larsen Group.
JYSK delivers great results after an eventful year
175 new stores and a large increase in customers meant that JYSK's total turnover in the last financial year grew to 3.794 billion EUR, while EBIT earnings landed at 436 million EUR.
JYSK continues the success
The financial year 2018/19 offered new records for JYSK Nordic, where turnover amounted to 2.35 billion EUR.
Lars Larsen Group increases earnings
The latest financial year resulted in a new record for Lars Larsen Group with earnings before tax of 3.6 billion DKK.
JYSK with record results
The growth continues in JYSK Group, which invests heavily in additional stores, an expanded distribution network and new e-commerce solutions.
Record turnover in JYSK Nordic
JYSK Nordic, running 1,249 stores in 20 countries, today announced a record turnover of 2.16 billion EUR for the financial year 2017/18 (FY18).
Once again JYSK announces record earnings
With a turnover of 3.36 billion EUR and an EBIT result of 444 million EUR, the growth continues in JYSK, which now has more than 2,500 stores worldwide.
JYSK attracts lots of new customers
With a turnover of 14.6 billion DKK, and 6,7 million additional customers, 2016/17 was yet another record year in JYSK Nordic.