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Thursday, 05 February 2015 15:25

Simon sells more in China than in Spain

2,000 DIY stores that Catalan group electrical equipment in the country has meant that in 2014, for the first time, sales in the Asian giant is greater than in Spain.

The group of electrical equipment Simon Holding has grown for the first time since 2007. Last year, sales increased by 4% to 260 million euros. Diversification has been one of the key reasons for its growth, but also internationalization. During the crisis, it has gone from exporting 25% to 70%. The country has grown more Simon has been China. For the first time, in 2014, sales in the Asian giant reached 30% of the total and exceeded 28% of revenues representing Spain.

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