HEMA reports record sales in FY16
HEMA reports net sales of € 1,193.2 million in FY16, an increase of 4.7% compared to the previous year. This is the highest sales figure HEMA has ever reported. Adjusted EBITDA came in 26.5% higher at € 108.2 million. In Q4 FY16, HEMA recorded a net sales increase of 9.2% compared to the prior year period and group like-for-like consumer sales increased by 6.6%. This is the eighth consecutive quarter of group like-for-like consumer sales growth. HEMA’s full-year results were driven by successful range renewals, a strong Q4, higher online sales and international growth.