News | First six months

Back

Hornbach growth continues, especially abroad

The DIY stores belonging to the Hornbach Group of Germany increased their net sales in the second quarter of 2018/2019 by 4.3 per cent to EUR 1.088 bn. The company's sales for the first six months thus rose by 3.5 per cent to EUR 2.250 bn.

Once again, the company's retail activities in eight countries outside Germany recorded the strongest growth, increasing by 6.8 per cent to EUR 1.076 bn. By contrast, the Hornbach stores in Germany only recorded growth of 0.7 per cent to EUR 1.174 bn in the first six months.

Like-for-like sales after adjustment for currency effects grew in the second quarter by 3.4 per cent and in the first six months by 2.8 per cent. While like-for-like sales in the German stores improved by 1.2 per cent in the second quarter and by 0.5 per cent in the half-year compared with the relevant period in the previous year, growth rates in the rest of Europe were significantly higher at 5.8 per cent and 5.5 per cent respectively.




|28 September 2018

SEND
 PRINT 

Post a comment

* Please complete the areas marked in red correctly and in full!.



(will not be published)

* obligatory fields


Latest news

Italian online shop Brico Bravo now also in Germany

The Italian DIY store group Brico Bravo now has an online presence in Germany. A French subsidiary, which also serves the market in Belgium and View news...

Jem & Fix now has five stores in Norway

After entering the Norwegian market a year ago, the Danish home improvement chain Jem & Fix now has five outlets in the neighbouring country to View news...

Clas Ohlson’s project with storage provider Vinden

The Swedish retailer Clas Ohlson now offers a one month free storage service included in the purchase of storage boxes. The offer is part of Clas View news...

Praktiker Hungary grows by 20 per cent in 2018

Praktiker Hungary reports record sales for 2018. Returns rose by 19.5 per cent to HUF 57.1 bn (EUR 178 mio). Thus, the company has claimed second View news...