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.
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.
With a turnover of 14.6 billion DKK, and 6,7 million additional customers, 2016/17 was yet another record year in JYSK Nordic.