Hagebau suffers a drop in sales

The 327 Hagebau stores in Germany recorded net sales of € 399.02 mio in the first quarter of 2015, thus experiencing a drop in sales of 1.4 per cent compared with the same period in the previous year.
Centrally invoiced sales of the cooperative as a whole declined by 3.6 per cent to € 1.45 bn in the first three months. The speciality trade accounted for € 813 mio of this, 5.8 per cent less than in the same quarter in the previous year.