Trademagazin > News and articles > Company and Personal News > Praktiker achieved record sales last year
Praktiker achieved record sales last year
Praktiker achieved record sales in 2019, with the DIY store chain closing 2019 with net sales of 67.88 billion HUF, which is about 18 percent more than the previous year’s 57.1 billion HUF – the company told MTI on Monday.
The company’s operating profit increased to 3.644 billion HUF from 3.159 billion HUF in 2018.
According to the announcement, since its entry into the domestic market in 1998, 2019 was the most successful business year for Praktiker, which is the second largest player in the DIY market with an estimated market share of 190 billion HUF. (MTI)
Related news
HungaroControl: Traffic increases by 6 percent during the holidays
According to the preliminary estimate of the Hungarian air navigation…
Read more >Among the most marketable e-retailers is the Praktiker online store
The online store of the Hungarian-owned Praktiker has received another…
Read more >A severe decline in the business performance of large DIY stores in 2023
In 2023, major hardware store chains in Hungary faced significant…
Read more >
More related news >
Related news
These were the most popular tech items of 2024
This year, the interest in technology among Hungarians has not…
Read more >SPAR and the Trade Union of Commercial Employees have reached an agreement on wages for 2025
SPAR Hungary Retail Ltd. and the Trade Employees’ Union (KASZ)…
Read more >Lidl becomes a featured food chain partner of VEGANUÁR™ 2025
Lidl Hungary has become a featured food chain partner of…
Read more >