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BHB gives a positive summary for the financial year 2016

Stand: BHB, Halle 5.1

In Germany, the DIY-trade achieved a total gross turnover of 18.24 billion euro. The DIY sector in Austria could also keep up with the successful development of the industry in the previous year. Switzerland confirmed the previous year’s results.

“In 2016, sales in the second and third quarter were the key to success”, emphasizes BHB’s general manager Dr. Peter Wüst. “With sales growth of 1.5 percent, our industry is at the top of the annual targets set at the beginning of 2016. The organization and the industry can be satisfied with 2016.” For the current financial year 2017, the BHB makes an optimistic forecast. The industry association expects a sales growth of 1.3 percent, says Detlef Riesche, speaker of the BHB board.

In financial year 2016, reorientation of the industry was most important. Riesche emphasizes that “trading companies are successfully solving the new challenges of the changing trade world and modernizing their business processes and sales concepts, especially focusing on the customers’ wishes.”
Connecting the realms of online and offline shopping has also been in the focus of last year’s efforts. This way, DIY stores aim at optimizing their branch network and investing in the digitization of their business models.

“The result of 2016 proves that German DIY companies have optimized their business processes and sales concepts and have successfully faced the challenges of the changing world of trade”, summarizes Kai Kächelein, deputy speaker of the BHB board.

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