News | DIY stores closed

Back

Cashbuild increases sales by four per cent

Cashbuild operates more than 300 stores in South Africa and the common monetary area with Namibia, Swaziland and Lesotho as well as in Botswana, Malawi and Zambia.

Cashbuild operates more than 300 stores in South Africa and the common monetary area with Namibia, Swaziland and Lesotho as well as in Botswana, Malawi and Zambia.

Cashbuild, a building materials, DIY and hardware retailer in South Africa, racked up sales amounting to ZAR 10.821 bn (EUR 659 mio) in fiscal 2018/2019 (ended 30 June 2019), which comprised 53 weeks. Scaled down to 52 weeks, the company's sales were ZAR 10.622 bn (EUR 647 mio), 4 per cent more than in the previous year.

At the reporting date, Cashbuild operated 315 stores, including 59 P&L Hardware stores and one DIY store. During 2018/2019 the company opened nine Cashbuild stores and two P&L Hardware stores, as well as refurbishing 26 stores. Five Cashbuild stores, three P&L stores and six DIY stores were closed.

Outside of South Africa and the common monetary area with Namibia, Swaziland and Lesotho, Cashbuild operates in Botswana, Malawi and Zambia.

| 9 September 2019


SEND
 PRINT 

Post a comment

* Please complete the areas marked in red correctly and in full!.



(will not be published)

* obligatory fields


Latest news

Flügger has had a “challanging start” to the year 2019/2020

Flügger, the Danish paint manufacturer and trader, has started its financial year 2019/20 with a decline in sales. In the first quarter (May to View news...

AllHome plans 45 new openings this year and next

The Philippine home improvement chain AllHome wants to increase its number of branches in this year still from 25 at the middle of the year to 45. View news...

Falabella loses DIY sales in Chile

The Chilean retail group Falabella also feels the effects of the currency turbulences in South America on its home improvement business. In the View news...

Younger generation takes over at Globus in Germany

A generational change is to take place at the helm of German DIY store chain Globus. Erich Huwer (68), who has been CEO of Globus DIY stores for many View news...