Hornbach Group grows despite slow start

Hornbach Group grows despite slow start

After a slow start to the new fiscal year, Hornbach Group has ended 2013/2014 with a 4.3 % growth, with mainly the German market as a strong driver.

Largest growth in home market

German Hornbach Group has managed to increase its turnover 4.3 % to 3.37 billion euro, while its subsidiary Hornbach-Baumarkt doing slightly better in its 141 DIY stores across 9 European countries: it managed a 4.4 % increase to 3.15 billion euro. The 92 German stores contributed the most to that increase, with a 5 % increase to 1.83 billion euro in Hornbach's home territory.


On a like-for-like basis, the German growth was 4.9 %, while its market share there grew from 9.3 to 10 %. "We generated substantial growth in the past year, and that despite the negative sector trend", Albrecht Hornbach, chairman of the board, said.


Excellent weather conditions at the end of the year helped Hornbach Baustoff to present decent results, as building sites had to shut down during the winter. That part of the company managed a 4.1 % turnover growth, to 216 million euro.


Foreign part in group turnover drops

The turnover growth in other European countries of 3.5 %, to 1.33 billion euro, was not enough to maintain its share in the total group turnover. The German performance pushed back the foreign share to 42 %, while it used to be 42.4 %.


Hornbach Group will presents its full-year results on 27 May 2014.

Questions or comments? Please feel free to contact the editors

Les Mousquetaires acquires Bricorama


The French Bureau of Competition has approved franchise group Les Mousquetaires' acquisition of DIY chain Bricorama. The deal will catapult Les Mousquetaires into the third position in the French DIY industry.

Intergamma's dispute with Bricorama persists


Intergamma’s issues with CRH’s shares still have not been resolved and it seems the dispute with French shareholder Bricorama has now boiled over. The latter even wants the Chamber of Commerce to intervene.

Bricorama does not want to sell Gamma


French DIY company Bricorama will not sell Gamma’s Belgian and Dutch stores. There was a longstanding rumour to that nature, but the company has now refuted those claims.

Kingfisher experiences another turnover drop


DIY group Kingfisher has experienced yet another disappoiting quarter: the British-French group suffered setbacks in both its home markets and the restructuring plan is also weighing down its results.

Sizeable profit drop for Geberit


Swiss sanitation specialist Geberit has had a disappointing first semester of 2017, in which its profit dropped about 20 %. Turnover also slumped, but only slightly.

Intergamma: departure largest shareholder sparks turmoil


Irish group CRH, which owns nearly 50 % of DIY Intergamma’s shares, wants to sell those shares, but the other shareholders cannot find an appropriate solution.

Back to top