The Dutch luxury goods store chain de Bijenkorf has completed the 2024 financial year with growth in operational profit and stable sales. The operational result quadrupled compared to the previous year.
The operational result was 28 million euros. No amount is mentioned in terms of sales, but only that this has increased by one percent compared to the 2023 financial year. In the report on the 2023 financial year and also in the report of 2022, however, no statement about sales was made. The last time de Bijenkorf reported on sales was in the report of 2021. At that time, the company achieved sales of 16.6 million euros.
Wax to win for de Bijenkorf in the 2024 financial year
De Bijenkorf expected a recovery of the retail market for the 2024 financial year, which, however, failed to fail, according to the Dutch department store. Thanks to cost reductions through efficiency increases and a slight increase in sales, the growth of the operational profit could be realized.
The retailer carefully looks at the year 2025. “Retail has always been a dynamic industry, and it will remain so. Just as De Bijenkorf has succeeded in for 155 years, through constant innovations, taking opportunities and listening to our customers. Presentation and even more experience on the sales area, ”said Finance chief Maud Sappe in the annual report.
This article was used with digital tools translated.
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