Hornbach grows by almost ten per cent

German DIY retailer Hornbach increased its DIY store sales in the first quarter of the 2004/2005 financial year (1 March to 31 May 2004) by 9.8 per cent to € 585.2 mio. Comparable store sales increased during this period by 2.2 per cent (Germany: + 1.5 per cent; abroad: +3.9 per cent). Stores outside Germany contributed € 186.8 mio to overall store sales, equivalent to a share of almost 32 per cent. Earnings increased by 25.8 per cent to € 40.5 mio.