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.
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.
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.
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.
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.
With earnings before tax of 499 million EUR, the financial year 2018/19 was the best ever for Lars Larsen Group.
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.
The financial year 2018/19 offered new records for JYSK Nordic, where turnover amounted to 2.35 billion EUR.
The latest financial year resulted in a new record for Lars Larsen Group with earnings before tax of 3.6 billion DKK.
The growth continues in JYSK Group, which invests heavily in additional stores, an expanded distribution network and new e-commerce solutions.
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).
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.