Jysk, record turnover of 4.1 billion EUR for financial year 2019/20

Jysk posted a record turnover of 4.1 billion EUR for financial year 2019/20, which is 7.6 percent higher than in financial year 2018/19.

The number of customers is close to the same level as the year before despite the fact that a majority of Jysk’s stores were closed in March and April due to coronavirus.

The increased turnover is a result of many Europeans choosing to invest in their homes, as borders closed and many people prepared for a summer at home.

Similarly to other companies, Jysk has also seen a significant increase in online sales. Especially in countries where most retail stores were closed for a longer period.

The result of financial year 2019/20 is expected to be ready within the next couple of months.

Jysk opened 106 new stores in 2019/20 and plans to speed up and open more than 150 new stores during the current financial year.

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