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Kitchen industry achieves strong turnover growth

31.07.2017 − 

Turnover generated by the German kitchen-furniture industry showed double-digit-percentage growth again in May 2017, rising year on year by 10.7% to €435.8m. April had shown a considerable fall of 21.5% to €344.7m. As emerges from the monthly turnover statistics issued by the German Kitchen Furniture Industry Association (VdDK) and based on data from the Federal German Statistics Office, domestic and export business contributed in similar manner to revenue growth in May. Domestic turnover was up by 10.4% to €262.0m and export turnover increased by 11.2% to €173.8m. Turnover generated in the euro zone improved by 10.7% to €131.4m.

Cumulative revenues achieved by the German kitchen-furniture industry in the first five months of 2017 totalled €1.956bn and were therefore down only slightly year on year (-0.4%). The export quota was 38.9%.

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