Welcome to JSA Consultancy Services

A business consultancy, based in London, England, John Sacks' JSA Consultancy Services provides expert, in-depth, information advice and guidance as to how to exploit successfully the office furniture and interiors markets in Europe, North America, Australasia and Japan.

Bene report 1st half year sales increase of 14.3% - UK up by 32%

Thursday 22 September 2011

In what is reported as a very competitive environment, Bene AG has increased group sales (by 14.3 %) and earnings in the first half of the current financial year to 31 July.
After the significant sales increase (+18.5%) in the first quarter Bene Group has again benefited from several major international projects in the second quarter of 2011/12, In the first half-year of the current financial year, total sales rose by 14.3 % to EUR 88.2 million (first half-year 2010/11: EUR 77.1 million). In comparison with the first half-year of the prior year, the UK (plus 32.2 % to EUR 11.7 million), Germany (plus 19.6 % to EUR 24.3 million) and other markets (plus 72.4 % to EUR 22.7 million) showed considerable increases in sales. Over the quarter, sales in Russia also recorded an increase.
EBITDA of EUR 1.8 million (first half-year 2010/11: EUR – 2.1 million) turned positive. The Bene Group likewise significantly improved the EBIT, which with a loss of EUR 2.3 million after the first six months of the current business year (first half-year 2010/11: loss EUR 6.4 million) was still negative, but was better than the previous year. The gross profit margin (revenue +/- inventory changes – expenses for materials and supplies in relation to revenue) further improved and increased from 52.8 % in the first quarter to 53.7 % in the second quarter.
On the basis of the further increased order intake in the first two quarters, the company is expecting substantial growth in sales in the second half-year of 2011/12 as well as a significant improvement in earnings for the overall year 2011/12.

Subscribe to our News Page

Enter your email here and we will tell you when this page is updated.

 

 

moreLatest News

Wednesday 10 January 2018 Announcing PANTONE 18-3838 Ultra Violet, PANTONE® Color of the Year 2018.

“A dramatically provocative and thoughtful purple shade, PANTONE 18-3838 Ultra Violet communicates

Tuesday 9 January 2018 Knoll Designs Armless MultiGeneration Light Task ChairKnoll Inc. alleges patented chair design was u

PHILADELPHIA – A furniture company with a place of business in Greenville alleges one of its paten

Sunday 7 January 2018 Herman Miller reports Second Quarter Fiscal 2018 Results – orders at all-time-high

Herman Miller, Inc. (NASDAQ: MLHR) today announced results for its second quarter ended December 2,

Wednesday 3 January 2018 Swindon Furniture Company Hit by Brexit Rescued

A furniture company whose sales went into decline after the vote on Brexit has been sold out of admi

Contact Us

JSA Consultancy Services
4-5 Gray’s Inn Square, Gray’s Inn,
London, WC1R 5AH, England


+44 (0) 20 7688 1928