News | March to May

Back

Hornbach growth is strong in Germany and stronger abroad

In the first quarter of its financial year 2019/2020, Hornbach increased its sales by 8.5 per cent.

In the first quarter of its financial year 2019/2020, Hornbach increased its sales by 8.5 per cent.

The German DIY store chain Hornbach continues to grow more strongly abroad than on its home market. In the first quarter of its financial year 2019/2020 (1 March to 31 May 2019) it increased overall sales compared to the same period last year by 8.5 per cent to EUR 1.3384 bn. At home, growth amounted to 8.0 per cent (EUR 729.6 mio), abroad this was 10.4 per cent (EUR 608.9 mio). Nevertheless, Chief Financial Officer Roland Pelka says: "We are particularly pleased about the growth of like-for-like sales in Germany. With an increase of almost seven per cent in the period from March to May 2019, Hornbach performed around three percentage points better than the DIY industry."

| 1 July 2019


SEND
 PRINT 

Post a comment

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



(will not be published)

* obligatory fields


Latest news

International trends also on the Italian garden market

The Italian garden market achieved a volume of EUR 2.863 bn in 2019. "According to our projections, the trend should be positive at least View news...

Franz-Peter Tepaß of Obi is the new BHB head

The new chairman of the German DIY industry association BHB is from Obi. Franz-Peter Tepaß, managing director of Obi GmbH & Co. Deutschland KG View news...

Sales in German DIY stores grow by 3.2 per cent in 2019

German home improvement stores will increase their sales by 3.2 per cent to EUR 23.00 bn this year. This was the forecast issued by market View news...

New figure at the helm of Cencosud

Cencosud has a new management structure and a new CEO as well as a new head of its DIY stores in Chile. Matias Videla took the helm at the Chilean View news...