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Praktiker: Romanian sales make up 20% of the group's total business

27.07.2007, 19:40 11

Sales of the German home improvement store network Praktiker reached 108.4 million euros on the domestic market, in the first half of the year, accounting for 21% of the 495.4 million-euro sales of the German group on international markets. In Romania, the second largest European market in terms of business volumes, Praktiker saw a 31% organic increase in the first six months of the year, against the results seen in the first half of 2006. The increase was calculated for the 11 Praktiker stores operating on June 30th 2006. The overall increase of the Praktiker network, calculated for the six stores opened in the July 2006 - July 2007 period, stood at 81.8%, with the turnover of the German group reaching 108.4 million euros. Taking into account the adjustments necessary as a result of exchange rate variations, the net appreciation of sales on the Romanian market stood at 71.1%.

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