Variety retail group Maxeda has posted a 0.1% rise in net sales for the first half of this year. Net sales amounted to e1.6bn (£1.4bn) while same-store sales declined 1.9%.
Operating EBITDA for the Netherlands’ largest non-food retailer decreased 3.7% to e100m (£86m). In the first half of the year, Maxeda invested e34m (£29m) in 33 new stores, supply chain enhancements, continued roll-out of its city centre format Brico and the Deco DIY format Formido, and on renovations in department stores.
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