Germany: 2018 brings €7.7 bn revenue for OBI

OBI, leading DIY operator in Germany and number three in Europe, achieved gross sales of around €7.7 bn in 2018, according to reports from the company. That is around €300m more than in the previous year. The number of locations recorded by the Dähne Verlag publishing house at the end of the year has risen by 13 to 668, of which 351 are in Germany, one less than the year before. According to statistics by Dähne Verlag however, OBI has still increased its retail space nationally by around 10,000 sqm to 2.77 million sqm. Abroad, OBI has 317 stores – 14 more than a year before – with an overall retail space of 2.234 million sqm (2017: 2.109 million sqm).