Not fettered by industry trend

In 2008 Zeus realised a sales increase of 3 per cent in Germany and Austria compared with the previous year. Net sales of the 759 stores (previous year: 752) included in the group’s system (Hagebaumarkt DIY stores, Werkmarkt specialist trade stores, and Floraland garden centres) rose to € 2.12 bn. The revenue of the 710 outlets (previous year: 703) belonging to the system in Germany grew by 3.1 per cent to € 1.93 bn. According to the system support centre in Soltau, the Hagebaumarkt stores made a significant contribution to the above-average sales trend: the 48 Austrian outlets increased their net sales by 3.4 per cent to € 184 mio (4.5 per cent like-for-like). The 294 German Hagebaumarkt outlets recorded sales of € 1.30 bn, which corresponds to growth of 3.8 per cent (1.1 per cent like-for-like) over the previous year.