Big increase in sales in first half of 2014

In the first six months of 2014, the German builder’s merchant and DIY store cooperative Hagebau of Soltau sold goods and services to the value of € 3.2 bn (same period in 2013: € 2.7 bn) through its 364 speciality and retail partners. Sales by the cooperative thus increased by 14.7 per cent compared with the year-ago period. The net sales of the Hagebau stores in Germany amounted to € 960 mio, equivalent to an increase of 32 per cent. Like-for-like sales increased by 13.4 per cent. The 39 DIY stores in Austria increased their external sales by 7.3 per cent and like-for-like sales by 6.5 per cent to € 99 mio. As of the end of June 2014, 364 limited partners in the speciality and retail trade were part of Hagebau (previous year: 358). Of the 1 642 specialist and retail locations in all, 1 376 are in Germany, 139 in Austria, 108 in Switzerland, 15 in Luxembourg and 2 each in France and Belgium.