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Sunday | January 17 | 2021

Jysk earnings increased by 15% in the financial year 2019/2020

Despite pandemic, Jysk ended up with an increase in earnings of 15 percent in the financial year 2019/2020.

Jysk recorded a record turnover of 4.1 billion EUR and record earnings of 489 million EUR before taxes.

Company turnover increased by 7,5% and pretax profit increased by 14,8% in 2019/2020 compared to 2018/2019.

As a result, the retailer expects to open more than 150 stores during the current financial year.

Jysk has 2,949 stores and employs around 26,500 persons in 51 countries, most of them in Germany (966 stores).

Most openings, in Romania

In the financial year 2019/2020, Jysk recorded 14 new store opening in Romania, +13 in Ukraine, +7 in Greece, +6 in Bulgaria and +5 in Poland and Belgium.

Jysk franchises recorded 14 new openings, most of them in Thailand (+3).

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