Hagebau expects significant turnover increase in 2014

German Hagebau Group intends to significantly increase its centrally invoiced turnover over the entire period of 2014. Heribert Gondert, spokesman of the Hagebau management board, described the prospect of a positive result in the upper single-digit percentage range at the shareholders‘ meeting held on 26 June 2014 in Hamburg. In the 2013 financial year, centrally invoiced turnover increased for the eighth consecutive time to €5.69bn. This represented an increase of 1.7% on the previous year‘s figure. In the first six months of 2014 the 364 specialised and retail trade partners of the Hagebau goods and services sector invoiced a total value of €3.2bn via the central office in Soltau. Consequently, according to a press release published on 13 August 2014, Hagebau‘s turnover increased by 14.7% vis à vis the comparative period last year. In June, however, the upward trend slackened off somewhat.

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