Hornbach achieves growth, particularly abroad

The German Hornbach group has grown, above all abroad, in the first six months (ending 31 August 2016) of the financial year 2016/2017. In total, Hornbach DIY stores made sales of € 2.0625 bn in this period; which is 6.7 per cent more than the previous year. Abroad, after an increase of 13.8 per cent in the second quarter, it was 12.5 per cent more than the same period in the previous year after six months. Here, the German chain made around € 919.5 mio, according to the half-year report. In contrast, sales in its home market only increased by 2.4 per cent to € 1.1428 bn. Like-for-like increase in all countries is stated as 4.5 per cent.