The home improvement store, which is part of Germany's Hornbach Group, had sales of 5.78 billion euros in the past fiscal year 2023/2024 (ending February 29, 2024), down 1.1% year-on-year. Real and currency-adjusted sales decreased by 2.0%. Net sales in Germany fell by 2.6% to 2.787 billion euros, while in other European state-owned enterprises they rose 0.4% to 2.993 billion euros. Overall, the foreign ratio of group sales was 51.8%.
Online sales (including click and collect) accounted for 12.7% of total DIY store sales in the financial year. Last year, it was 14.1%. In the pre-pandemic financial year 2019/2020, it was 9.6%. Online sales for the 2023/24 financial year amounted to €732 million, down 11.1% year-on-year.
Hornbach maintains a market share of 14.9% in Germany. However, DIY store operators have increased their share in some overseas markets, with 36.2% (2022: 34.4%) in the Czech Republic, 27.1% (2022: 26.1%) in the Netherlands, and 13.9% in Japan. %. cents in Switzerland (2022: 13.5 percent).
As of February 29, 2024, Hornbach operates a total of 171 DIY megastores with garden centers and online shops in nine European countries. The German physical store network consists of his 96 DIY stores and his two specialty stores under the Bodenhaus brand. There are 73 DIY stores in the remaining eight European countries.