Newsletter
Shop
Login
Menü
Subscribe now
German DIY store chain grows by 4.2 per cent in six months
Germany’s Hornbach Group increased net sales in the DIY business by 4.2 per cent in the first six months (ended 31 August 2015) of the financial year to € 1.9334 bn. Like-for-like sales net of currency items increased by 1.3 per cent.
In Germany, like-for-like sales increased cumulatively by 0.6 per cent, while overall sales rose by 3.0 per cent to € 1.0835 bn.
Like-for-like sales net of currency items in the rest of Europe experienced more dynamic growth in the first half of fiscal 2015/2016 than in Germany, rising by 2.3 per cent, according to the interim report. Sales abroad accounted for 42.3 per cent. Following three store openings in the current financial year to 31 August 2015, the company now operates 149 DIY stores across Europe, including 99 in Germany.
In Germany, like-for-like sales increased cumulatively by 0.6 per cent, while overall sales rose by 3.0 per cent to € 1.0835 bn.
Like-for-like sales net of currency items in the rest of Europe experienced more dynamic growth in the first half of fiscal 2015/2016 than in Germany, rising by 2.3 per cent, according to the interim report. Sales abroad accounted for 42.3 per cent. Following three store openings in the current financial year to 31 August 2015, the company now operates 149 DIY stores across Europe, including 99 in Germany.
