[ad_1]
Eve Sleep PLC said on Thursday that 2020 results were boosted by the coronavirus pandemic, with sales reaching an all-time high during Black Friday and Boxing Day week.
The mattress company said sales in 2020 were 6% higher than in 2019 and amounted to 25.2 million pounds ($ 34.4 million), driven by 18% growth in the second half of the year .
Losses before interest, taxes, depreciation and amortization were reduced by 81% over the year to GBP2.0 million.
“The business has undoubtedly benefited from the accelerated transition to e-commerce and the current strength of the housewares category due to the pandemic,” said Eve Sleep.
The company said 2021 has started well, following the same positive trends seen in recent months.
Shares at 0803 GMT were up 0.12 pence, or 2.1%, to 5.90 pence
Source link
