News | Falabella

Back

Sodimac grows significantly in the home market of Chile

The Chilean Falabella group gained an increase in sales of 5.9 per cent to CLP 566.132 bn (EUR 776 mio) in the first quarter with its DIY store subsidiary Sodimac. Same store sales rose by 4.6 per cent in the home market. However the locations in Colombia, the second largest market for Sodimac, made 6.5 per cent less in local currency and 0.4 per cent less after adjusting for currency effects, namely CLP 180.473 bn (EUR 247 mio). Same store sales dropped by 0.9 per cent. In Peru, sales in the local currency did rise by 5.9 per cent, however sank by 0.9 per cent to CLP 150.274 bn (EUR 206 mio) after adjusting for currency effects; same store sales increased by 6.0 per cent here. The devaluation of the currency was particularly noticeable in Argentina. Here, the DIY stores in the Chilean group did make 27.1 per cent more sales, (same store sale: +25.6 per cent), but there was a minus of 7.0 per cent to CLP 38.849 bn (EUR 53 mio) after conversion. In Brazil too, the rise in local currency of 23.8 per cent turned out very high (same store sales: +7.9 per cent); but here the converted CLP 45.782 bn (EUR 62 mio) still lay at 6.5 per cent over the respective previous year's value.




|29 May 2018

SEND
 PRINT 

Post a comment

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



(will not be published)

* obligatory fields


Latest news

2018 DIY picture in Germany dictated by the weather

Sales in the home improvement sector in Germany increased by 1.6 per cent last year to a gross total of EUR 18.75 bn. Sales on the same store area View news...

Austrian home improvement sector continues to grow

Home improvement retailers in Austria recorded total gross sales amounting to EUR 2.56 bn in fiscal 2018. This is equivalent to growth of 1.4 per View news...

Swiss home improvement sector grows by nearly two per cent

DIY retail companies in Switzerland experienced sales growth of 1.9 per cent in the 2018 financial year. Total gross sales rose to a volume of CHF View news...

The ten largest German DIY store operators grow by almost three per cent

The international business of the German top 10 in the DIY trade is increasingly gaining momentum. This conclusion can be drawn from the initial View news...

Actual figures

Statistics Home Improvement Europe


Statistics Home Improvement
This brochure provides a competent overview of the situation in the Home Improvement sector in 31 European countries.

Order now!

6th Global DIY Summit 2018

Einhell, Power X-Change range

Einhell

Einhell at the Global DIY Summit

More than 1 100 participants came to the 6th Global DIY Summit in Barcelona. Here are the portraits of some of the most important companies that exhibited at the International Congress Exhibition.

Gallery