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JYSK Bosnian arm posts higher EBIT, turnover in FY 2021/22

Nov 24, 2022, 4:17:58 PMArticle by Dragana Petrushevska
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November 24 (SeeNews) - The Bosnian unit of Danish bedding and furniture retailer JYSK said on Thursday that its earnings before interest and taxes (EBIT) reached 14.4 million marka ($7.7 million/7.4 million euro) in the fiscal year 2021/2022 ended August 31, up by 2.2 million marka compared with the previous fiscal year.

JYSK Bosnian arm posts higher EBIT, turnover in FY 2021/22
Author: Scott Lewis. Licence: Creative Commons, Attribution.

JYSK BiH's turnover grew 16.4% on the year to 74.9 million marka, mostly due to higher sales of furniture, mattresses and decorations, the company said in a statement.

In the fiscal year 2021/2022, JYSK opened two new stores in Bosnia, increasing the total number of stores in the country to 28, with a total of 209 employees.

The company plans to revamp all its stores in Bosnia by the end of 2024, it said.

JYSK operates over 3,200 stores in 48 countries worldwide.

(1 euro = 1.95583 marka)

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