Record-breaking numbers from Bolia

Bolia.com presents the annual report for 2015/16 with the biggest numbers in company history

Bolia.com presents record-breaking numbers for 2015/16 with strong growth in both top and bottom line.

For the sixth consecutive year, Bolia created double-digit growth, and moving forward with 15% sales growth with a turnover of DKK 657 million. and a result of DKK 66 million. before taxes.

- We have seen strong sales growth in all our markets the previous year, and have also been very well received in the Dutch market since we opened our first store in Amsterdam in December 2015. The strongest development is in Germany where we achieved sales growth of 40%. Also in our largest market in Norway, we manage to create a good growth and keep our overall earnings level despite economic stagnation and a weakened krone. In the Danish and Swedish markets, we are also proud to have created a 17% sales growth in our comparable stores, says Lars Lyse Hansen, CEO of Bolia International A / S.

During the new financial year Bolia.com will strengthen the international expansion further with the opening of a new design shop every month. The next store in the series will be the design-chain's first store in Switzerland, Zurich which opens on November 3rd. In addition, Bolia expands its global network in which the target for the coming years is to establish 100 new dealers worldwide.

- In 2015/16, along with a number of talented international designers, we created a very sharp collection which was very well received in all markets. In addition, we have strengthened the inspiration and integration between our stores, our digital platform and social media. These are the primary reasons for our good result for 2015/16, says Lars Lyse Hansen.
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