Strong growth for Cencosud DIY stores

In the third quarter the Chilean retail group Cencosud recorded sales of CLP 261 165 mio with its DIY retail division, which operates mainly under the Easy banner. That is 15.3 per cent more than in the same period last year. The growth rates were in double digits in all the countries where the company operates: an increase of 11.3 per cent to CLP 93 331 mio in Chile, an increase of 17.9 per cent to CLP 157 203 in Argentina and a plus of 14.9 per cent to CLP 10 631 mio in Columbia. Sales from the first three quarters add up to CLP 774 898 mio altogether, which amounts to growth of 15.7 per cent on the same period last year. At the end of the quarter Cencosud had 83 DIY stores in operation, 31 of them in Chile (plus two), 48 in Argentina and four in Columbia.