Bensons for Beds: 'It would have been easy for staff to lose heart'
4 Articles
4 Articles
Bensons for Beds losses widen as market pressures persist
Bensons for Beds has reported widening losses of £22m for the year ended 28 September 2024, up from £19.9m the previous year, as it continues to face external market pressures and internal operational issues. The group’s pre-tax loss included £8.8m in interest payments, £5.6m in depreciation, and £4.4m in International Financial Reporting Standards (IFRS) charges. Revenue declined slightly to £256.3m, down from £257.5m in 2023. Adjusted earnings…
Bensons delivers consistent sales in “very challenging” year - Big Furniture Group
National beds and mattresses retailer Bensons for Beds has reported a slight decline in sales as revenues remained strong at over £250m. According to its latest filed accounts for the year ended 28 September 2024, total sales fell 0.4% to £256.3m from £257.4m in 2023. Adjusted EBITDA recorded a loss of £0.9m (2023: £1.6m profit). Pre-tax losses amounted to £23.1m, widening from a loss of £21.5m year-on-year. Bensons added that its pre-tax losses…
Bensons for Beds: 'It would have been easy for staff to lose heart'
Bensons for Beds has admitted it “would have been easy” for its employees to “lose heart” during its latest financial year which saw the chain battle a worsening retail environment. The Lancashire-headquartered business paid tribute to its more than 1,800 members of staff for what it called a “strong set of results”. Those results, for the year to 28 September, 2024, show Bensons for Beds’ revenue dipped from £257.4m to £256.3m and its pre-tax l…
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