SENG plans to close down in Sweden
A challenging market characterised by strong competition means that the Lars Larsen Group-owned retail-chain, SENG, plans to close its Swedish stores down. At the same time, the subsidiary Sengetid.dk will close.
A challenging market characterised by strong competition means that the Lars Larsen Group-owned retail-chain, SENG, plans to close its Swedish stores down. At the same time, the subsidiary Sengetid.dk will close.
In the financial year 2023/24, SENG in Denmark reports revenue on par with the previous year at DKK 188.7m. The same applies to the EBIT result, which stands at DKK -5.9m, compared to last year's revenue of DKK 192.5m and EBIT of DKK -5.7m.
The bed store chain SENG, which changed name from SengeSpecialisten in January 2023, closes the financial year 2022/23 with a turnover in Denmark of DKK 192.5m and an EBIT-result of DKK -5.7m. The company sustains its plans of expansion in Sweden in spite of the challenging market situation.
After a year characterised by costs deriving from acquisitions and some difficult market conditions, SengeSpecialisten sustains a positive EBIT-result and lands another Gazelle-award.
SengeSpecialisten kan i dag præsentere både et flot overskud og et nyt navn.
With pre-tax profits of DKK 12 million, SengeSpecialisten can look forward to another good year. The next goal is expansion abroad