Cencosud with a double-digit plus

23.09.2015
The Chilean trading group increases its DIY turnover by almost 21 per cent

The Home Improvement division of the Chilean retail group Cencosud, with its Easy home improvement stores, concluded the second quarter with a 20.7 per cent sales increase to CLP 338.277 bn. The highest growth rate was recorded in Argentina with an increase of 32.1 per cent to CLP 199.822 bn, which essentially depicts the high like-for-like sales growth (30.9 per cent).
Organic growth also on the Chilean domestic market: There was an overall turnover increase of 5.6 per cent to CLP 123.175 bn and an increase of 5.1 per cent on the same area. Colombia recorded a decrease of 4.7 per cent to CLP 15.281 bn, even though they had an increase of 1.0 per cent on the same area. Here, the devaluation of the national currency had a negative impact.
These figures indicate that the trend from the beginning of the year has continued further. In the first half of the year, Cencosud increased its Home Improvement sales by 19.8 per cent to CLP 686.164 bn.
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