Bene
Successful course also continued in the first half of 2018

Photo: Bene

The Austrian office furniture specialist Bene was able to dynamically continue the very good development of the previous year in the first half of 2018. Sales and all key earnings figures were significantly increased and the equity ratio further increased. This informs the company.

The Bene Group recorded very positive operating performance in the first six months of 2018 and more than doubled the EBITDA margin to 6.5% (2017: 3.1%). This was due to the consistent implementation of a comprehensive package of measures. In addition to productivity increases and material optimizations, this was v.a. A clear focus on customer needs, the evaluation of all Bene markets, as well as the optimization of the customer and product portfolio. In a generally good economic environment, sales were also very pleasing, rising by 10.8% year-on-year to EUR 70.8 million (H1 2017: EUR 63.9 million). Especially in the markets of Austria, France and the Middle East, Bene was able to develop a lively project activity. Thus, sales in the domestic market of Austria increased by 13.9%, in France by 62.7% and in the Middle East region even by 69.9%.

"The development of the Bene Group in the first six months of 2018 was extremely satisfactory. We systematically continued our optimization measures, thereby significantly increasing our earnings position. With an equity ratio of 45.1%, Bene today has a very solid equity base and is a solidly positioned company that is well positioned for positive development, "said Dr. Bene. Jörg Schuschnig, Managing Director of Production and Finance at Bene, has a positive assessment of the first half of 2018 and adds: "We will continue to implement measures to increase our efficiency and set targeted growth investments. The third quarter of 2018, which just ended, showed a solid business performance, so that we expect a consistently good result for the full year 2018."


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