Praktiker’s sales declined in the first quarter

The Praktiker DIY chain’s sales revenue declined in the first quarter, while its seasonal operating loss for this period increased – the company told MTI on Thursday.

Praktiker AG’s revenue was  570.1 million euros in the period from January to March, 10.4 percent less than a year earlier. The company's operating loss increased  to 91.7 million euros from the 59.1 million euros of the previous year. The net loss increased by 63.8 percent to 117.9 million euros.  (MTI)