Significant rise in Hagebau’s central sales

German cooperative Hagebau has reported an increase in centrally invoiced sales of around 6 per cent to EUR 2.58 bn for the first five months of this year. Individual speciality divisions (wood, tiles) even achieved double-digit growth rates. Hagebau’s retail arm with the distribution channels Hagebaumarkt, Floraland and Werkers Welt recorded sales up to the end of May of EUR 910 mio (+2.1 per cent), while sales of the speciality trading arm came to EUR 1.57 bn (+8.2 per cent).