DGAP-News: Hornbach Holding AG & Co. KGaA: Hornbach increases net sales by 8.4 % to Euro 4.7 billion in 2019/20 financial year - corona crisis looms large
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Friday, March 20, 2020
DGAP-News: Hornbach Holding AG & Co. KGaA / Key word(s): Development of Sales
Key Points:
- DGAP-News: Hornbach Holding AG & Co. KGaA / Key word(s): Development of Sales
Hornbach Holding AG & Co. KGaA: Hornbach increases net sales by 8.4 % to Euro 4.7 billion in 2019/20 financial year - corona crisis looms large
The issuer is solely responsible for the content of this announcement. - Based on preliminary figures, the Hornbach Holding AG & Co. KGaA Group increased its net sales by 8.4 % to more than Euro 4.7 billion.
- On a like-for-like basis and net of currency items, group-wide sales at the DIY stores with garden centers (DIY) grew by 7.7 %.
- Albrecht Hornbach, CEO of Hornbach Management AG, nevertheless expects the crisis to have a noticeable impact on the 2020/21 financial year.