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Hardware Store Industry in Germany, Switzerland and Austria – Stable Development

Hardware- and building supplies’ stores in Germany, Switzerland and Austria look back on a positive year 2012. Germany registered a slight sales drop while the markets in Austria and Switzerland increased slightly.

Hardware stores in Germany made a turnover of 18.6 billion Euros which is 0.6 per cent less than in 2011. BHB speaker Erich Huwer commented: “This means that the sales figures are still at a good level and nearly stable.” The BHB declared that considering the European debt crisis and the bad weather conditions in 2012 these numbers are satisfactory.

The Hardware store industry in Austria made a combined turnover of 2.2 billion Euros which means a sales growth of 1.7 per cent compared to last year. For comparison: The total retail industry of Austria had a sales growth of 1.1 per cent in 2012.

Switzerland shows a positive development as well. While 2011 was more of a difficult year for the industry, the combined turnover in 2012 was 1.85 billion Euros, which is a growth of 4.6 per cent compared to last year.

Further Information: bhb.org

 

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