Expectation of recovery to follow deficit

17.05.2005

The DIY stores in Germany recorded sales losses of 2.8 per cent in the first quarter.

The DIY stores in Germany have recorded sales of € 3.849 bn in the first quarter, which means 2.8 per cent less than the same period last year. Sales were reduced by 5.2 per cent in like-for-like terms, according to information from the BHB. There were appreciable losses in the garden sector with predominantly double-digit negative rates in the individual segments. For the continuing course of the year the BHB is forecasting a definite improvement in sales figures, even if last year's figures are perhaps not attainable.
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