Albrecht Hornbach

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

Friday, March 20, 2020 - 7:00am

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.