Quarterly report

Hornbach continues to grow abroad in double digits

Most recently Hornbach opened a new location in Prague, the capital of the Czech Republic.
Most recently Hornbach opened a new location in Prague, the capital of the Czech Republic.
27.06.2016

The German DIY store operator Hornbach has increased its sales in the first quarter (March to May 2016) by 6.4 per cent to € 1.0589 bn. Branches outside Germany have grown in particular.
Here sales increased by 11.3 per cent to € 467.0 million. The foreign portion of sales increased from 42.2 per cent to 44.1 per cent. Like-for-like sales net of currency items increased in foreign markets by 6.6 per cent, including currency factors by 5.7 per cent.
Net sales of the 98 German branches went up in the first quarter by 2.8 percent to € 591.9 bn. Like-for-like sales increased by 2.7 per cent.
Hornbach currently operates 154 DIY megastores with garden centres in nine European countries. Most recently the group opened a new location in both Austria and the Czech Republic.
Back to homepage
Related articles
Read also