Praktiker AG is a Germany-based holding company for Praktiker Group, which is engaged in the retail of supplies for the do-it-yourself and home improvement markets, among others. The Company operates three business segments: Praktiker Germany, Max Bahr and International. The Praktiker Germany business segment operates approximately 240 shopping malls in Germany under the Praktiker brand and operates also, since February 2011, an Internet-shop. The Max Bahr business segment operates approximately 80 shopping mall focused mainly on North Germany under the Max Bahr brand, providing products for the do-it-yourself as well as do-it-for-me markets. The Praktiker International business segment operates approximately 110 shopping malls located in nine European countries, including Luxembourg, Bulgaria, Greece, Poland, Romania, Turkey, Hungary, Ukraine and Albania. As of December 31, 2010, the Company had 14 domestic and 20 foreign majority owned subsidiaries.
Company Fundamentals\Company Profile A Wright Investors' Service Research Report: Praktiker Bau- und Heimwerkermarkte Holding AG 440 Wheelers Farms Road Milford, CT 06461 U.S.A. COMPANY PROFILE Figures in Euro Wright Quality Rating:CCNN Key Data Praktiker Bau und Heimwerkermaerkte Holding AG (Praktiker) is a Germany-based Ticker: holding company for Praktiker Group, which is engaged in the retail of supplies for PRA the do-it-yourself and home improvement markets. It operates 439 retail stores, 239 under the brand name Praktiker and 77 retail stores under the brand name Max Bahr, 2010 Sales: as well as 104 branches in Luxembourg, Poland, Hungary, Romania, Bulgaria, Greece, 3,448,297,000 Albania, Turkey and Ukraine. Praktiker offers products for building, renovating, gardening, hobbies, home repairs and home improvements and caters for both the professional and do-it-yourself markets. It offers products from third-party brand Major Industry: manufacturers, as well as its own labels. In addition, Praktiker offers order service, Retailers transport service and brokerage of credit purchase. The Company has numerous wholly owned subsidiaries, including Praktiker Bau- und Heimwerkermaerkte AG, Max Sub Industry: Bahr Holzhandlung GmbH & Co KG, BMH Baumarkt Holding GmbH and Praktiker Finance Miscellaneous Retailers B.V., among others. Stock Chart Officers Country: Chairman Germany Dr. Kersten von Schenck Currency: Vice Chairman, Supervisory Euro Board Marliese Grewenig Fiscal Year Ends: Chief Financial Officer December Markus Schuerholz Employees 25,539 Exchanges: FRA Share Type:
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