The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Thomas Maul - DZ Bank AG, Research Division - Analyst
: Thomas Maul, DZ Bank. I got 2, please. First one, with regard to price increases and inflation. Are there actually certain product groups that are
particularly affected by higher purchase prices? Or -- yes, just the other way around, which parts of the product range are affected less than average?
And yes, the second question, how high was the share of private labels recently? And then in which countries are these products produced?
Question: Mark Josefson - Pareto Securities AS, Research Division - Analyst
: Yes. I wanted to push you still a bit further on the guidance. I mean, I do, of course, accept the background to the wide range that we have. But if
I just look at the sales guidance there we have the bottom end of the range, I think it would imply a negative 6%-or-so development in the final
Question: Mark Josefson - Pareto Securities AS, Research Division - Analyst
: Okay. Okay. I can accept that. I had to redial in because my questions were not being registered. And as I came back in, you were commenting on
additional costs or rather the impact on margins. I didn't hear the question. But I just wondered if you are able to quantify for us the sort of additional
store costs that, if I just take Germany, for example, and look only at the DIY side rather than the merchant's business, we typically have to (inaudible)
as we go in the store, and that often means additional employees. I wonder, if you can quantify in any way the additional cost that the group has
had to absorb with the new regulations across the different countries?
Question: Mark Josefson - Pareto Securities AS, Research Division - Analyst
: Exactly that or additional hygiene measures, generally. That's right.
Question: Mark Josefson - Pareto Securities AS, Research Division - Analyst
: We had during the conference you talked about HORNBACH Vloeren in the Holland, which sounds a little bit like Bodenhaus to me, albeit it sounds
like that might be attached to an existing unit. Can you give us any feedback on the early start of HORNBACH [Bodenhaus] here in Germany?
Question: Mark Josefson - Pareto Securities AS, Research Division - Analyst
: Okay. And did I understand correctly that the experiment in the Netherlands with HORNBACH Vloeren, that's attached to an existing unit?
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