Welcome to Praktiker Bau- und Heimwerkermärkte Holding AG

Praktiker Group based in Kirkel (Saarland) plays in the Champions League of the European home improvement and DIY sector. With its around 420 DIY stores in nine countries, almost 29,000 employees and annual sales of 4 billion euros, it is number fourth at the European level. The profitable growth that forms the basis for these figures, an innovative group strategy in Germany and abroad, an unmistakable profile of the Praktiker brand and a high customer acceptance are the drivers of the success story of this company that went public in November 2005.

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NEWS

No change in cult slogan “20 percent on everything - except pet food”
Discount Campaigns without Tchibo Articles

Kirkel – July 30, 2008. Praktiker will also in future advertise its 20-percent discount campaigns with the unchanged cult slogan “20 percent on everything except pet food”. In order to comply with a decision passed by the Higher Regional Court of Saarbrücken which has meanwhile become enforceable, when launching the next discount campaign (1 – 7 August 2008), the Tchibo articles on sale at the around 50 German Praktiker stores will not be marketed during the campaign period.

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IMPORTANT FACTS

Interim Report for the first half/second quarter 2008 of the Praktiker Group
Boost in operating profit despite stagnant sales

Kirkel – July 23, 2008. In the second quarter 2008 – and also in the first half of the year – the Praktiker Group experienced a boost in earnings. Although the Group’s sales stagnated at the prior-year level in the wake of the impairing economic climate on the domestic market, the Group succeeded in boosting its operating profit (EBITA) by 20.5 percent to 59.2 million euros in the first six months of the current fiscal year. This was attributable to the highly satisfactory earnings trend in the second quarter based on a distinct improvement of the gross-profit margin especially in the domestic business. “We have demonstrated that earnings can be improved despite stagnant sales”, said Wolfgang Werner, Management Board Chairman of Praktiker Bau- und Heimwerkermärkte Holding AG. Werner: “Praktiker is well on its way and on the right track”.

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Annual General Meeting of Praktiker Bau- und Heimwerkermärkte Holding AG
Modified marketing strategy showing success in domestic business

Saarbrücken – May 30, 2008. After a slow start into the year 2008, business of the Praktiker Group in Germany has picked up appreciably in the last two months. “In terms of sales but even more so in terms of the gross profit on sales we are fully on target“, said Wolfgang Werner, Chairman and CEO of Praktiker Bau- und Heimwerkermärkte Holding AG, at this year’s Annual General Meeting held in Saarbrücken on Friday. “We started to catch up, which should bring us additional market share in the second quarter“. This notwithstanding Praktiker still anticipates that domestic like-for-like sales will be down from the year-earlier level. However, this trend would be more than compensated for by the dynamic growth of the company’s international segment so that the consolidated sales for 2008 are expected to “increase by a medium single-digit rate“. 

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