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Minimal increase in Mr. Bricolage’s sales in the first six months

Mr. Bricolage's like-for-like sales increased by 2.2 per cent in the first half of 2019.

Mr. Bricolage's like-for-like sales increased by 2.2 per cent in the first half of 2019.

French franchise group Mr. Bricolage increased sales in its 781 affiliated stores by 0.3 per cent in the first six months to EUR 1.0031 bn. Like-for-like sales increased by 2.1 per cent. Together with an increase of 5.2 per cent in online sales, which is 23.6 per cent lower than the corresponding value in the previous year, this results in a sales figure of EUR 1.0083 bn. It equates to growth of 0.1 per cent over the same period last year and of 2.2 per cent in like-for-like sales.

The 712 stores of the group located in France generated EUR 872.7 mio in sales, down by 0.9 per cent (but up 1.3 per cent in like-for-like terms). By contrast, the 69 stores abroad increased their sales by 0.9 per cent (like-for-like 6.9 per cent) to EUR 130.4 mio.

One important item on the agenda relating to the "Rebond" strategy is the sale of the stores operated hitherto by the central office. 23 such stores have now been relinquished, with 21 of these going to members of the group. It is highly likely that another 30 stores will be taken over in the short term, according to the interim report.

Sales at the stores operated by the central office declined by 14.9 per cent in the first six months compared with the same period in the previous year. Conversely, the 733 stores of the independent members improved markedly, with sales rising by 5.3 per cent (like-for-like: 3.5 per cent) to EUR 899.8 mio.

Details of the French market and the position of Mr. Bricolage can be found in Statistics Home Improvement Retail Europe 2019. For more info see www.daehne.com/statistics

| 6 September 2019

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