European DIY Retail Association
Global Home Improvement Network
Current Affairs in the Home Improvement Industry
10 August 2022 â— Issue 429
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2nd Virtual DIY-Summit - VISIONS OF DIY IN THE AGE OF UNCERTAINTY.
The second edition of the Virtual DIY-Summit will take place on 2 September 2022 from 10:00 - 13:10 CEST.
Free registration & the programme in its entirity can be viewed HERE.
Topics to be discussed and presented include a Global Political and Economic Outlook, The Future Challenges of the Home Improvement Industry, Sustainability in the Home Improvement Sector, The Future of E-commerce & Overcoming Uncertainty.
During this event delegates will be able to attend online seminars, interact with each other, share ideas in our social stream, access a directory with the most important decision-makers in our industry & meet the most relevant home improvement retailers, among other benefits.
Join our digital event and be part of the most exclusive network of executive managers in the Home Improvement industry!
www.diysummit.org
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EDRA/GHIN Thanks its Members for Their Support of Ukrainian Refugees.
Following the invasion of Ukraine on the 24th of February 2022, the European DIY Retail Association (EDRA) and Global Home Improvement Network (GHIN) immediately approached our Ukrainian member, Epicentr K, and offered our support to any of their associates in Germany. Following an appeal, many of the EDRA/GHIN members provided financial support to enable us to do this.
EDRA/GHIN are pleased to tell you that we have managed, in these past months, to take care of five families.
Find out more HERE
www.edra-ghin.org
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Next Webinar in the EDRA/GHIN Pathway to Net Zero Carbon will take place on the 30th of September.
The next webinar in the Pathway to Net Zero Carbon will take place on September 30th at 12:00 CEST with a focus on the measurement of Scope 3 Carbon Emissions.
The Webinar will be opened by Maarten Ramp, Director Quality, Product Compliance & Environmental Social Governance at Maxeda DIY Group. Following this Léo Genin and Tony Jugan from I Care, one of the world's leading consulting companies in the environmental field, will detail the importance of measuring Scope 3 emissions and present I Care's work in this area.
Register for this next webinar at the below link:
https://us02web.zoom.us/webinar/register/WN_T239ICuzQi6ZOqE_8w60dA
www.edra-ghin.org
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Finland: Kesko Half-Year Financial Report for 1 Jan. - 30 June 2022:
The Best Q2 Result in Kesko’s History – Record Result in Building and Technical Trade
Kesko, the Finnish trading sector pioneer, released their Half-Year Financial Report for 1 Jan. - 30 June 2022 demonstrating group net sales in April-June totaling €3,108.5 million (€2,988.2 million), an increase of 3.9% in comparable terms, with reported net sales up by 4.0%.
Group net sales in January-June totalled €5,815.8 million (€5,527.5 million), an increase of 5.1% in comparable terms, reported net sales up by 5.2%
Kesko now estimates that its 2022 comparable operating profit will be in the range of €750 – 840 million. Previously, Kesko estimated that its comparable operating profit would be in the range of €730 – 840 million.
President & CEO Mikko Helander stated:
"The second quarter of 2022 gave the best Q2 result in Kesko’s history, as good development continued in all divisions."
He continued "In the building and technical trade division, our focus on B2B trade resulted in a record result of €109.5 million. Net sales for the division grew by €106 million. Net sales grew thanks to good performance in B2B trade, sales growth was particularly strong in technical wholesale in all operating countries. B2B sales also grew in building and home improvement trade in Q2, but the pace slowed down. Meanwhile, sales in B2C trade came down from the exceptionally high levels seen in the comparison period. Construction and renovation activity remained high in Northern Europe, with green transition also underpinning demand. Increased prices are also causing the building and technical trade market to grow. Construction and renovation are increasingly being outsourced to professionals. B2B trade now accounts for some 80% of the division’s sales."
www.kesko.fi
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Trade Fair: EISENWARENMESSE – International Hardware Fair 2022: Multifaceted, Up-close and Personal
After two years of pandemic-related cancellations and postponements the EISENWARENMESSE – International Hardware Fair will finally be taking place again – from 25 to 28 September 2022 in Cologne, Germany.
German and European suppliers are strongly represented and there are also a fair number of exhibitors from outside Europe. At a time when supply chains are rebuilding themselves, the EISENWARENMESSE – International Hardware Fair is the perfect place to find new partners. EISENWARENMESSE @home offers networking opportunities beyond the physical event in Cologne – even with suppliers that cannot exhibit in person but will participate digitallyon the @home platform.
“We are very pleased with how the event is coming along so far. There have been some cancellations, but we are also seeing amazing developments in the European market such as the enormous increase in exhibition space for Turkey. Germany, Southern and Eastern Europe, and the Netherlands will have a strong presence as usual. And for India, booking levels are also stable. All segments will be represented at the trade fair in the expected quality,” says Director of EISENWARENMESSE – International Hardware Fair Matthias Becker excitedly.
www.eisenwarenmesse.com
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Netherlands: Joost de Beijer to Become New CEO of Intergamma.
Achange in leadership is in the offing at Dutch DIY group Intergamma. Joost de Beijer (47) will take up the post of CEO on 1 September 2022. He succeeds Harm-Jan Stoter, who is stepping down after 17 years at the helm of the company.
Intergamma owns the DIY formats Gamma and Karwei.
Joost de Beijer brings a lot of experience from the DIY trade. He has worked at Maxeda DIY, where, among other things, he managed the Praxis sales division for five years. After that, he was Chief Financial Officer at the Dutch department stores' group Hema.
The Supervisory Board is very pleased with the arrival of Joost de Beijer, given his many years of management and retail experience. Frank van Oers, chairman of the supervisory board of Intergamma: “We could not have wished for a better successor. Joost de Beijer is not only a very experienced director, he knows the dynamics, challenges and opportunities of the DIY market like no other. We wish Joost every success as the new CEO of Intergamma.”
Joost de Beijer: “I'm really looking forward to working at Intergamma and getting to know my new colleagues and the entrepreneurs of the formulas. Intergamma with GAMMA, Karwei and GAMMA Belgium has been the market leader in the do-it-yourself market for decades and it is an honor to further expand the success of this great company in the coming years. I also look forward to returning to a market in which I have enjoyed working for many years.”
www.diyinternational.com
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EDRA/GHIN Publish First Edition of its Sustainability Newsletter.
Last week EDRA/GHIN published the first edition of its Sustainability Newsletter.
We believe that by sharing our members' responses, initiatives, and targets with other members on this most critical issue we can create a shared momentum in our industry, ensuring we move forwards together.
This Newsletter will help us in addressing our above objectives and act as a summary of sustainability News in the DIY and home improvement industry, as well as highlighting global stories of interest.
Read the first edition here https://lnkd.in/eWvX8h7c
And sign-up to receive future editions here
http://eepurl.com/dlF9bz
www.edra-ghin.org
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Trade Fair: Anticipation High for the Taiwan Hardware Show 2022.
After a 1-year Covid-induced break Asia’s leading trade fair for Hardware & Metal technology, Taiwan Hardware Show & International Metal Technology will for the 21st time be held jointly at its new venue the Kaohsiung Exhibition Center from 19 to 21 October 2022.
Anticipation is high and the sectors are confident they will be able to experience 3 days packed with new technology and innovations in Kaohsiung, Taiwan. Talk in real life to experts from all over the world and also enjoy the social gatherings of a trade fair outside show hours again.
THS is one of Asia's top trade fairs for the entire hardware and DIY sectors offering specialist traders and buyers with a comprehensive category of products and services. It is Taiwan's biggest and only true B2B hardware show, serving as a trading platform for sourcing and procurement.
www.hardwareshow.com.tw/
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Spain: DIY in Spain? 2022 Still Growing.
The publication diyandgarden recently conducted an interview with Juan Pedro Resino, Member of the Board of AFEB, the Spanish DIY and Hardware Manufacturers DIY Association.
In 2021 the Spanish market had a real boom compared to 2020, as demonstrated by the data communicated by AFEB in the Assembly of March 2022.
The graph shows a total growth of 19.86%
By channel:
- Specialists => DIY + 17.87%, Leroy Merlin , Bauhaus, Bricodepot, Bricomart, ATB, Bricogroup etc.
- Generalist => food and supermarkets + 6.01% Carrefour, Alcampo, Leclerc, El Corte Ingles, etc.
- Traditional => Hardware + 12.60%, Cadena 88, Cooperatives, independents, etc.
- Export + 38.23%
- Online + 13.01%
- Professional Channel 17.12%, Cecofersa, Bigmat, Aside, Factor Pro. Etc.
Other questions and data presented by Juan Pedro Resino including the possible effects of war in Ukraine, supply chain issues and stock.
Read the interview in full:
www.diyandgarden.com
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Board of EDRA/GHIN
Sergio Giroldi EDRA/GHIN President and Group CEO
OBI AG, Germany
Thierry Garnier Group CEO Kingfisher, UK
Jean-François Dubost President IHA, World
Murat Gigin Chairman Tekzen, Turkey
Werner de Jager CEO Cashbuild, South Africa
Susanne Jäger Board Member Hornbach, Germany
Carl-Otto Løvenskiold
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