Planning at Hornbach

Hornbach has plans for a total of nine new openings in the 2005/2006 business year, five of them in Germany. The opening in Malmö on 13 April 2005 of the group's second store in Sweden marked the beginning of the current year's programme. Following at the end of April in Kosice came the opening of the second branch in Slovakia. A Hornbach DIY and garden store that opened in Mannheim in 1982 is to close down. The total number of Hornbach DIY and garden stores is to rise by as many as eight to 125 by the end of February 2006. The expectation is for net sales of Hornbach-Baumarkt AG, including new openings, to increase by ten per cent altogether during the current business year to approx. € 2.3 bn.