Successful in a tough environment

Preliminary figures reveal that Hornbach Holding increased net consolidated sales in the 2008/09 financial year (to 28 February) by 5.1 per cent to € 2.752 bn. Hornbach Baumarkt AG, a sub-group, improved of its net sales by 5.2 per cent to € 2.599 bn. A sales increase of 1.4 per cent is reported in like-for-like terms. The group’s international business accounted for a 41 per cent share of sales (previous year: 39 per cent). Net sales in Germany rose by 1.8 per cent cent for a total of € 1.534 bn (1.2 per cent like-for-like). An increase of 10.6 per cent to € 1.065 bn was achieved abroad (1.7 per cent like-for-like). At the end of the financial year Hornbach had 129 DIY and garden stores (previous year: 125) in nine European countries with an adjusted combined sales area of 1.447 mio m².