News | Fiscal 2018

Back

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 3.36 bn (around EUR 2.96 bn), while sales on a comparable store area increased by 1.2 per cent. The figures are based on the current market figures of GfK and were published by the BHB, the industry association for the German-speaking countries.

Swiss home improvement stores achieved their highest total annual sales with household goods, garden equipment and plants. Compared with assortment trends in the previous year, the biggest sales increases in 2018 were in the categories of construction components (+5.7 per cent), compost/ seeds/garden chemistry (+5.6 per cent) and garden equipment (5.0 per cent). A significant decline in sales was experienced in the automotive category (-6.6 per cent), but otherwise of the 21 product categories reported in all, only those of plumbing/heating/accessories and leisure/seasonal goods showed a slight decline (-0.4 per cent in each case).

|18 March 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(will not be published)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...