Praktiker achieved a double-digit growth last year

The Praktiker achieved a double-digit growth last year in Hungary: the turnover of the Praktiker Kft. was 39.2 billion HUF last year, 6.6 billion HUF and 20 percent higher than in 2015 – Karl-Heinz Keth, the CEO of the company said at a press conference in Budapest on Thursday.

He added: the data so far suggest that the growth in turnover will be double digit this year as well, since the beginning of the year expansion is 25 percent. Online sales gave 5 percent of last year’s total revenue, which grew by nearly 35 percent over the previous year, and this year the company expects a similar expansion. (MTI)