Hornbach increases particularly abroad

The German Hornbach Group increased their DIY store revenue by 1.9 per cent to € 995.2 mio in the first quarter of the fiscal year 2015/16 (March to May). On a like-for-like and currency adjusted basis the DIY and garden centre stores couldn’t quite reach the revenue levels of the previous year, which shot up dramatically, but closed with a minus of 1.1 per cent. In the entire Hornbach Holding AG the turnover increased by 1.6 per cent to € 1.0521 bn. On a like-for-like and currency-adjusted basis the corporate group’s turnover likewise remained 1.1 per cent under the previous year’s level.
The revenue of the German Hornbach branches remained relatively stable with a slight increase of 0.2 per cent to € 575.7 mio. On a like-for-like basis the domestic revenue declined by 2.4 per cent.
Outside Germany, in the eight countries where the company has its operations, the revenue rose by 4.3 per cent to € 419.6 mio. The foreign share of the revenue increased from 41.2 per cent to 42.2 per cent. On a like-for-like and currency adjusted basis, the increase in the rest of Europe was 0.7 per cent and with exchange rate effects, 4.0 per cent.