Praktiker's plans for 2006

Praktiker expects sales throughout the group to be in the low single-figure area in 2006, and EBITA, on the other hand, to increase above last year's level (€ 105.8 mio). The company intends to rely on its pricing and inventory skills in Germany, and to push ahead with expansion in eastern Europe, with eleven branch openings scheduled for the current year. What is more, another new market is to be opened up, this time in Ukraine. Praktiker plans to make approx. € 90 mio of investment resources available to finance this expansion.