Like-for-like growth as well

02.04.2007

The Baywa group of companies announces a clear increase in sales and earnings. The DIY stores grow by more than seven per cent

The Baywa group of companies increased its revenue by 11.7 per cent to € 7.3 bn in the 2006 financial year. According to these, the result from ordinary activities at € 69.8 mio exceeded the previous year's figure by 65.7 per cent. The turnover in the building segment rose by 13.3 per cent to € 1.9 bn, or to € 2.4 bn including the consolidated franchise sales. The group recorded an overall turnover of € 1.5 bn with building materials, or € 1.8 bn including franchise sales. The DIY and garden store division generated sales of € 418 mio, which represents growth of 7.1 per cent compared with the previous year. Which, according to Baywa, means the stores showed an increase in like-for-like terms as well.
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