Germany: Hornbach almost double-digit Q3 growth overseas

The Hornbach DIY stores outside of Germany grew in the first nine months of financial year 2019/2020 (ending 29 February 2020) significantly more strongly than on their home market. The increase in sales in European countries amounted to 9.5%; in Germany this was 7.5% more than in the comparative period. Like-for-like growth of the international stores at 8.1% also lay one percentage point over that of the Hornbach stores in Germany. Overall, the German DIY retailer made sales of €3.4993 bn in the first three quarters (€1.7821 bn at home, €1.7172 bn abroad) and thus grew by 7.8%.

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