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The Danish market growth was driven by IT and Telecom in Q1

GfK TEMAX® results for Denmark, Q1 2020

Copenhagen, May 6, 2020 – Strong growth in the IT and Telecom sector helped the overall TCG market to achieve growth in Q1 2020. Sales of TCG increased by 7 percent compared to Q1 2019. A drop in revenue growth was recorded for Photo, Office Equipment and MDA. 

The pdf press release has been replaced by the Category Insights chart below. 

Table summary

Denmark Q1 2020
Q2 2019 M. DKK Q3 2019 M. DKK Q4 2019 M. DKK Q1 2020 M. DKK Q1 2020 / Q1 2019 / +/- % Q1 2020 M. DKK Q1 2020 / Q1 2019 +/- %
Consumer Electronics (CE) 657 714 1,035 846 9.7% 846 9.7%
Photography (PH) 54 47 44 36 -43.5% 36 -43.5%
Major Domestic Appliances (MDA) 1,306 1,352 1,413 1,328 -1.4% 1,328 -1.4%
Small Domestic Appliances (SDA) 500 518 746 552 6.4% 552 6.4%
Information Technology (IT) 1,737 1,939 2,251 2,227 11.1% 2,227 11.1%
Telecommunications (TC) 2,027 2,114 2,984 2,182 12.2% 2,182 12.2%
Office Equipment & Consumables (OE) 258 239 263 262 -11.5% 262 -11.5%
GfK TEMAX ® Denmark 6,538 6,924 8,736 7,432 7.0% 7,432 7.0%
General