Skip to main content
Head Office, JYSK Nordic

JYSK reaches new heights with record results

Date:

Author: Laura Roesgaard, Sustainability Communications Consultant , JYSK

Category: Strategy

The growth continues in JYSK Group, which invests heavily in additional stores, an expanded distribution network and new e-commerce solutions.

With a turnover of 26.636 billion DKK and a result of 3.530 billion DKK, JYSK Group reached new heights with another record year in 2017/18. 

JYSK Annual Report
Read the JYSK Annual Report and get insights into important milestones as well as some of the great activities and events that have happened in the world of JYSK during the financial year 2017/18.

"It is very satisfying that we once again manage to break records in JYSK. This confirms that it is still the right strategy to invest in physical stores and continue to get closer to customers in all the countries where JYSK is present today," says Lars Larsen, founder and chairman of JYSK Group.

At the end of the financial year, 31 August 2018, JYSK Group operated 2,668 stores and employed 23,000 across 50 countries.

Lars Larsen emphasises the importance of the employees in JYSK.

"It is the employees who meet our customers every day, and without their great work, we would not be celebrating yet another record result. Therefore, they deserve a big thank you for their efforts," says Lars Larsen.

JYSK in fifty countries

During the financial year, JYSK Group reached a significant milestone with the expansion to country number 50. It happened when a local franchise partner opened the first store in Dubai, part of the United Arab Emirates.

In order to secure goods to all countries, JYSK has invested in the expansion of the distribution center in Uldum, Denmark, and a brand new distribution center will be inaugurated in Bulgaria in June 2019. 

Lars Larsen
Lars Larsen, founder and chairman of JYSK Group.

"It requires a huge setup to get all our products to so many stores in so many different countries, and the task has not become easier over the years as customers today expect to get their goods right away. Therefore, our new distribution center in Sofia means a lot as we will be able to deliver much faster to stores and customers in the Balkan countries and Greece," says Lars Larsen.

Celebrating 40th anniversary

Furthermore, the preparations for the opening of the first stores in Ireland are well underway. Ireland is the last major country in Europe where JYSK does not yet have stores and Lars Larsen looks forward to participate in the opening.

"With the stores in Ireland, JYSK plants the last flag on the European Map when it comes to bigger markets. In recent years, we have seen positive sales growth in the UK, and we expect a lot of the Irish market. Not necessarily from day one, but with patience we will also be successful in Ireland," says Lars Larsen.

The opening in Ireland takes place on 2 April, which is on the 40th anniversary of Lars Larsen himself opening the world's first JYSK store in Denmark in 1979.

Latest news

JYSK uniforms

Old uniforms, fresh faces: A look back at JYSK’s style through the years

- To celebrate JYSK’s 46th birthday, on 2 April 2025, we are traveling back in time. With help from some of our trainees in Denmark, we have recreated some of the classic JYSK looks.

New JYSK stores

New JYSK stores April 2025

- Get an overview of where and when new JYSK stores will open this month.

Rami Jensen, President & CEO of JYSK

Update from our CEO: Great results across JYSK

- We are now well into the second half of the financial year 2024/25, and we are seeing great results across JYSK where we are welcoming a record number of new customers to our stores and we are beating turnover records, not only on our total turnover, but also on store reopenings and new store openings. 

Add comment

Remember to keep a nice tone :)

About JYSK

Careers

JYSK Head Office