Praktiker performs poorly internationally

Praktiker Germany stabilized its turnover in the fourth quarter of its 2011 financial year, its international activities however remained weak – shows Praktiker’s quarterly results report sant to MTI.

The Praktiker Group reached 716.4 million euros sales revenue in the  fourth quarter of 2011, 4.5 percent below the datas of a year earlier. In the first three quarters of the fiscal year, sales revenue decreased by a total of 8.5 percent. The annual sales revenue became 3.2 billion euros, 7.7 percent lower than in the 2010 financial year – reports MTI.