With the results for the financial year 2022/23, Lars Larsen Group sets another revenue record in spite of continued global volatility and market uncertainty. The total revenue for the Group rose to DKK 45.4bn in 2022/23 – a three percent increase compared to the previous financial year, which also was a record year for the group.
Kim Møller Mønster will join ILVA as new CEO for the furniture chain headquartered in Sabro by Aarhus on 1 April 2024.
For the financial year 2022/23 (FY23), JYSK reached an EBIT result of DKK 3.96 billion (EUR 531 million) and increased its turnover by 6.3% to DKK 38.5 billion (EUR 5.2 billion.) The global home furnishing retailer continued its expansion plans and welcomed over 1.2 million new customers to its stores despite the slowdown in the global retail market.
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.
Lars Larsen Group and the subsidiaries JYSK, Actona Group, Bolia, ILVA, SOFACOMPANY, and ScanCom International sign up for the Science Based Targets initiative (SBTi).
Bolia presents a total sales results for 2022/23 of 1.3 billion DKK, which is at the same high level as 2021/22, a record year for the company. However, after thirteen consecutive profitable years, the EBIT result for the year 2022/23 landed at -5.6 million DKK compared to 50 million DKK the previous year.
The furniture group, ScanCom International A/S, achieves an improvement in the operational performance for the fiscal year 2022/23 despite being heavily affected by lacking sales and challenging market conditions.
Two of Silkeborg’s most significant commercial developers have joined forces to strengthen the city’s position as an attractive location for businesses, which will be able to attract jobs for the many newcomers.
ILVA closes the financial year 2022/23 with a turnover of DKK 1.4bn and the furniture chain maintains its focus on strengthening its work with sustainability and its brand awareness in Sweden.
For the 12th year in a row, the Danish Cancer Association hosts the national fundraising show “Knæk Cancer” (Beat Cancer). JYSK and Lars Larsen Group will donate DKK 1 mio. to the cause.
According to the Danish Cancer Association one in three Danes are diagnosed with cancer and every day, 43 people die from the disease. And although it is possible for more and more people to survive a cancer
The Danish design brand, SOFACOMPANY, continues its international expansion plan in spite of the challenges in the global retail market.
Actona Group presents a very satisfying result for the financial year 2022/23 despite a challenging and changing market characterised by inflation, cost increases, and geopolitical uncertainty.
