Almost nine per cent plus for the Hornbach stores


The 157 Hornbach DIY stores as well as the German group's online shops in nine European countries have increased their net sales in the first half of the year (ending 31 August 2019) for financial year 2019/2020 by 8.7 per cent to EUR 2.4447 bn. In like-for-like sales net of currency effects, the DIY and garden stores achieved a sales growth of 8.3 per cent in the first six months. The net sales of the domestic Hornbach stores and the German online shop rose in the first half of the year 2019/20 by 7.0 per cent to EUR 1.2558 bn. Like-for-like sales in Germany grew by 7.4 per cent. In the eight countries outside Germany, net sales increased by 10.5 per cent to EUR 1.1889 bn. The foreign portion of sales increased from 47.8 per cent to 48.6 per cent. Like-for-like sales net of currency effects grew in the rest of Europe by 9.2 per cent.