Hornbach maintains sales level

Hornbach’s 135 DIY and garden stores throughout Europe recorded sales of € 865.1 bn in the first quarter of the current financial year (March to May), which amounts to 0.2 per cent more than last year. The result was 1.1 down in like-for-like terms and currency-adjusted. The branches in Germany achieved a sales volume of € 504 mio – also like-for-like – the same as in the comparable period last year. The German large-format specialist expanded by 0.6 per cent to € 361 mio in other countries of Europe. However, international sales were down 2.4 per cent without taking into account new openings and currency effects.