Update from our CEO: Ready for the next financial year

Date: 11/07/2024

Author: ,

Dear colleagues,

Summer is right around the corner and as always, it is a busy time for JYSK both due to the final push for garden furniture sales in the stores and DCs and looking ahead at our next financial year with our JYSK Management Team.

We are in a good place with both, and I would like to thank you for your continued efforts and positive sales attitude. We can see it in our sales and in the number of customers that visit our stores.

A MILESTONE IN UNIFIED COMMERCE

Ahead of the plan, we have successfully implemented Unified Commerce in all stores in Portugal, the first of the former DBL countries. Thank you for your preparation and execution on this project. It is very impressive, and it will make a positive impact on our customers’ shopping experience. We expect to have Unified Commerce rolled out in Spain in the coming months and after that, France and Austria are next in line.

We have also marked our first year in Türkiye and the opening of the fourth store in the country. We are seeing significant potential in Türkiye and therefore we have decided to build an independent country organisation with Fatih Tezcan as Country Director to take as much advantage of the potential as possible.

NEW FLOOR IN OUR JYSK HOUSE

As you may have noticed, we have added a floor in our JYSK house that now also include our sustainability commitment. We have done this to show, that we want to be part of the climate solution and currently, we are waiting for Science Based Targets initiative to approve our plans. There are many more sustainability projects that we are also looking into, and you will hear more about this in the fall.

Strategy poster

FINANCIAL YEAR 2025

In May, we gathered management teams across JYSK in Denmark, to kick off the last year of our “Seamless and Closer to the Customer” strategy. Since then, the management teams in all JYSK countries, logistics and service functions have been working on their local business plans for the next financial year. We have some strong plans in place to get us over the finish line before we launch an updated version of the strategy from the financial year 2026.

My leadership team and I would like to again thank you for all your hard work and dedication in our JYSK stores, DCs and head offices. We wish you all a great summer!

Best regards,

Rami Jensen
President & CEO

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