Restructuring of Baumax

The restructuring of the Austrian DIY chain Baumax is showing the first signs of operative success, as communicated by the company. The turnover in 2014 was slightly over expectation with a turnover increase in January of 16 per cent compared to the previous year. The number of customers rose by almost 11.8 per cent and by the end of February, the turnover also made it into double-digit figures compared to last year. This positive start means that Baumax is now above the industry average.
The headquarters are currently working on the roll-out of a new sales concept. The first step will be to define 15 stores to implement the new concept from the third quarter 2015.