Growth for Cencosud in first quarter

Cencosud, a Chilean trading group, completed the first quarter with a net turnover of CLP 259.32 bn in its DIY retail business, which amounted to 14 per cent more than the same period last year. The group’s 29 DIY retail outlets in Chile saw a like-for-like increase of 3.1 per cent. The 48 Argentinian stores announced an increase of 30.0 per cent following one closure. The increase in Columbia (4 stores) came to 11.2 per cent.