Slight increase for DIY stores in Germany, Austria and Switzerland

The German DIY and Home Improvement Association (BHB) have announced slight revenue increases for the DIY operators in Germany, Austria and Switzerland. The German DIY stores increased their revenue by 2.4 per cent to a volume of € 17.97 bn in 2015, like-for-like by 0.2 per cent. In Austria, the revenues rose by 0.7 per cent to € 2.41 bn and in Switzerland by 0.2 per cent to € 2.32 bn. The slight positive trend is mostly due to the strong second and third quarters, as announced at the association's press conference at the International Hardware Show (Eisenwarenmesse) in Cologne.For the current year, the association reckons with growth in Germany of between 1.3 and 1.5 per cent (like-for-like 1.0 per cent), between 1.0 and 1.3 per cent in Austria and 1.0 per cent in Switzerland.