The annual report presented by Obi’s parent company reveals a 5.2 per cent profit
The company managed to increase the previous year’s sales by 14.4 per cent to the equivalent of € 107.9 mio in China. Here a total of nine new openings are planned for the current financial year. Sales in Italy amount to € 217.8 mio, which shows growth of 21 per cent during the reporting period. After a rise of 6.5 per cent, sales in Poland have attained € 274.5 mio. The current total of 22 stores is to be increased by three over the coming financial year. Obi can point to ten new openings in Austria during the recently completed financial year, with a further nine planned for the coming year. Turnover has increased by ten per cent to € 289.9 mio. The three stores in Switzerland recorded sales of € 66 mio, or 17 per cent more than the previous year. The stores in Hungary, which have risen to 13 in number following three new openings, report a 30 per cent increase to € 117.7 mio. The rate of growth in the Czech Republic also reaches a double-digit figure, with 16 branches achieving a turnover of € 175.4 mio. Obi now has three DIY stores in Slovenia following two new openings there; they achieved sales of € 36.86 mio. Two further outlets are planned here. Obi has had a presence in Bosnia-Herzegovina since March 2003.
You are able to find a detailed account of Obi’s international interests in the DIYglobal plus section of DIYglobal under the Trade topics heading.