JYSK reveals record €4.386bn turnover
The company say figures were boosted by a 43% rise in online sales, as well as the addition of click and collect service
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JYSK has revealed an all-time high turnover of €4.386bn (£3.754bn) for the financial year from 1 September 2020 to 31 August 2021, an increase of 7%.
Figures were boosted by a 43% rise in online sales, in addition to JYSK’s click and collect service where customers order from home and pay in the store when the products are picked up.
JYSK has also seen a boost of 230,000 additional customers compared with the previous financial year, despite the company not being able to open as many stores as it said it had planned.
At the end of the financial year JYSK had 3,085 stores, which is 136 more than the year before.
Jan Bøgh, president and CEO of JYSK, said: “I am very pleased that we have been able to increase turnover by 7 percent despite the fact that our stores have been temporarily closed in almost all markets.
“I see this both as a result of customers in Europe spending more on home furnishing in general, and as a result of my colleagues around the countries being quick to adapt to a new situation and focus more on online sales and Click & Collect.”
