DIY operator Hornbach reports net sales increase

DIY operator Hornbach reported net sales up 7.5% to e1.78bn (£1.53bn) for the six months to August 31. Total second-quarter sales rose 3.9% although net income was down 8.3% to e50m (£44.3m). Like-for-like sales dipped 0.2%. Hornbach’s international business was its main revenue driver, with second-quarter sales up 7.3%at its ...

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