Sodimac sales increase by nine per cent

Sodimac, a subsidiary of the Chilean Falabella trading group that is actively involved in DIY retailing in South America, has increased its sales in the second quarter by 9.2 per cent to the equivalent of US $ 1.336 bn. The 80 stores operating in the home market of Chile accounted for US $ 845 mio of the total, an increase of 9.0 per cent, or 7.7 per cent like-for-like. In Peru, the neighbour to the north, sales of the 19 stores there rose by 15.8 per cent to US $ 131 mio (10.9 per cent like-for-like). The 30 outlets in Columbia contributed US $ 300 mio, or 5.2 per cent more than in the same period last year (0.5 per cent like-for-like). In Argentina the seven Sodimac stores achieved sales of US $ 59 mio, which was 19.4 per cent up, and 25.9 per cent like-for-like.