News | Falabella


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


Post a comment

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

(will not be published)

* obligatory fields

Latest news

Clas Ohlson reports an increase of nine per cent

In the first half year of its financial year 2018/2019, i.e. from May to October, Clas Ohlson made sales to the amount of SEK 4.115 bn (EUR 403 mio). View news...

Europeans prefer A-brand paints to private labels

Germany is virtually the only country in Europe where private label paints are more popular than A-brands. In other European countries the reverse is View news...

Third quarter adversely affects Hornbach’s profits

Reflecting a patchy third quarter of 2018 across the sector, Hornbach is the latest company to announce an unexpected drop in earnings. According to View news...

Christmas music stresses shoppers out – so Clas Ohlson is playing its own album

No more Silent Night: Christmas music in stores causes stress for customers and employees alike. Swedish retail chain Clas Ohlson has heeded the 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

V33 group, Inspiring presentations

V33 group

Inspiring presentations

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.