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Strong last quarter for TCG! 

Leuven, February 12th, 2020 – Q4 was the best quarter this year with a +3.6% value increase vs 1.9% annual growth. Black Friday was a big hit – again showing stronger results than last year – and the end of period turned out green as well. Telecom showed the highest value increase and was the main driver of the overall growth. Product innovations keep attracting the consumer and also seasonal events clearly lead to incremental sales.

Table summary

Belgium Q4 2019
Q1 2019 M. EUR Q2 2019 M. EUR Q3 2019 M. EUR Q4 2019 M. EUR Q4 2019 / Q4 2018 / +/- % Q1-Q4 2019 M. EUR Q1-Q4 2019 / Q1-Q4 2018 +/- %
Consumer Electronics (CE) 197 138 149 200 -5.3% 684 -6.3%
Photography (PH) 26 28 28 29 7.5% 111 -1.6%
Major Domestic Appliances (MDA) 357 298 352 342 5.7% 1,349 4.3%
Small Domestic Appliances (SDA) 154 130 141 192 8.8% 617 4.2%
Information Technology (IT) 424 351 395 437 -6.5% 1,607 -1.7%
Telecommunications (TC) 362 368 364 506 18.6% 1,600 10.0%
Office Equipment & Consumables (OE) 103 95 83 103 -12.0% 384 -7.7%
GfK TEMAX ® Belgium 1,624 1,407 1,512 1,809 3.4% 6,352 1.9%
 
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