Dm: growth slows in challenging year

Date : 19 November 2020

Sabira Habib

Analyst

DM reported a 2.9% increase in total group sales to €11.5bn for FY2019/20. Slower growth in Germany, but investment continues The drugstore operator reported 2.1% sales increase in Germany, reaching €8.54bn for the FY2019/20. Passing reductions in VAT to shoppers had a dampening effect on…
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