Sales increase for Hornbach

The DIY retail division of the German Hornbach group of companies increased sales in the second quarter by 6.5 per cent on the same period last year to € 775.3 mio, and by 3.7 per cent like-for-like. The result for the first six months of the financial year (1 March – 31 August 2010) reveals a net sales increase of 3.5 per cent (0.8 per cent like-for-like) to a total of € 1.5552 bn. Sales grew more strongly abroad than in the home market, by 6.3 per cent to € 653.4 mio at the end of the six months.