JYSK group achieved record sales

By: Trademagazin Date: 2022. 09. 19. 10:54

The JYSK group achieved record turnover in the 2021/2022 financial year, which ended at the end of August, its sales revenue increased by 11 percent, while the number of customers increased by 7.7 million. In Hungary, its sales revenue increased by 17 percent to more than HUF 66 billion, the company announced.

They went big in Europe and Hungary as well

Despite the unfavorable economic and political effects, they opened 135 new stores across Europe, the turnover in more than 3,200 stores in 48 countries is still brisk, and their webshop is also visited by many people. In the summer months, JYSK stores were under a lot of pressure, as fewer customers spent less as a result of increasing inflation, despite this, the number of customers increased by 7.7 million overall.

Jan Bogh, the president and CEO of JYSK, is optimistic about the future and believes that their business model is strong. He is convinced that they can remain successful. According to the announcement, JYSK opened three stores in Hungary in the 2021/2022 business year, so customers are welcomed in 91 stores. Sales increased by 17 percent to more than HUF 66 billion. The number of employees increased by 4 percent, and their new logistics center also began operations.
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