Deficit for Baywa's DIY and garden stores

05.04.2005

Group sales show perceptible growth, but building materials and DIY stores made negative progress

The Baywa group increased sales by 3.7 per cent to € 6.1 bn in 2004. At € 36.3 mio, profit on ordinary activities is 64 per cent higher than the previous year's level. The group improved profit for the year from € 23.6 mio to € 31.8 mio.
Sales in the group's building segment went down by 0.6 per cent to € 1.6 bn. Total volume comes to € 2.1 bn, taken together with the franchise sales not consolidated in the group. Sales of € 1.2 bn in the building materials section came almost to the previous year's level, and amounted to € 1.5 bn including the franchise business. The DIY and garden stores achieved sales revenue of € 384 mio, or 1.9 per cent under the previous year's level. Taken together with the franchise activities, this division achieved a sales volume of € 610 mio.
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