Sales revenue generated by the “Household goods” division of Steinhoff International Holdings, which covers retail business in household goods and furniture, rose by 11.2% in the first nine months of the business year 2015/2016 (30 June) to €6.432bn. Growth of 18.8% had been achieved in the first half of the business year. €4.957bn of 77% of the division’s sales revenue was generated in Europe. This equates to growth of 5.4% on the same period of last year. The Kika/Leiner group, integrated into the company in December 2015, contributed €311m to the division’s sales revenue; sales growth of 8% would have been achieved in Europe without Kika/Leiner. Sales revenue generated by the French Conforama developed positively in all of the individual markets but particularly in France, Italy, Spain, and Portugal. Even double-figure percentage growth was achieved in the Spain/Portugal region. Conforama’s sales revenue in Switzerland, however, was only marginally higher than last year’s figure. In the UK and the “Australasia” region, the division’s sales revenue rose by 14.1% to €844m. In Africa, on the other hand, the figure fell by 15.8% to €631m.
Sales up in Steinhoff’s “Household goods” division
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