Hornbach particularly strong in domestic market

The DIY stores belonging to the German Hornbach group increased their like-for-like sales by 2.7 per cent in the past financial year 2013/2014 (end: 28 February 2014). In the previous year there was a minus of 1.4 per cent. The German stores were largely responsible for the growth rates with a rise in like-for-like sales of 4.9 per cent and also increased their market share from 9.3 to 10 per cent. The foreign markets managed to achieve the same like-for-like sales level as the previous year. The net turnover for the Hornbach Baumarkt AG has increased by a total of 4.4 per cent to € 3.152 bn (previous year € 3.020 mio) The DIY group are planning a turnover “in the region of a mid single digit figure”, for the current financial year but higher than the result for the financial year just ended February 2014, as was reported at the presentation of the financial results.