Online retail

Eve Sleep sales fall but losses steady

By 2019-09-26T06:31:00

Eve Sleep bedframe

Eve Sleep saw sales across its business fall during the first half of the year, but it did manage to roughly halve its EBITDA losses.

In the six-month period ending June 30, 2019, the mattress in a box company saw total sales in the UK and Ireland and France fall by 8%, down to £12.9m. The retailer also saw its gross profits slip 13%, down to £6.7m.

The retailer reported underlying EBITDA losses of £5.9m in the first half of this year, up from £11.9m in the commensurate period in 2018. Statutory losses before tax were also up to £6.7m, from £12m.

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