The HORNBACH Group companies focus on DIY, garden, and home improvement retail.
HORNBACH Baumarkt AG operates DIY megastores with garden centers and online stores in nine European countries. The do-it-yourself (DIY) retail segment accounts for around 94 percent of consolidated sales. Around half of these sales are generated in Germany. HORNBACH Baumarkt AG is also present in Luxembourg, the Netherlands, Austria, Romania, Sweden, Switzerland, Slovakia and the Czech Republic. With net sales of around Euro 5.8 billion (2023/24), HORNBACH Baumarkt AG is the fifth-largest DIY retailer in Europe.
Thanks to its organically grown homogeneous store network – predominantly with sales areas of more than 10,000 square meters – HORNBACH benefits from economies of scale in the operation and conceptual development of its stores, as well as in its group logistics. Measured in terms of productivity, HORNBACH is by far the No. 1 DIY retailer in Germany in terms of sales per square meter of sales area.
HORNBACH combines its stationary retail business in all countries in its business region with online stores and a virtual advisory offering for DIY multi-channel retail (Interconnected Retail, or ICR for short). With an online share of around 13 percent of total sales (including Click & Collect), HORNBACH is the market leader in DIY interconnected retail.
The product range on offer at HORNBACH’s DIY stores and garden centers encompasses an average of around 50,000 articles stocked at its stationary stores and up to around 290,000 articles available online. Products are available in five divisions:
The Group has an overriding strategy of ensuring that – measured in terms of sales areas – it owns at least half of the real estate used for operating purposes. At the balance sheet date on February 29, 2024, this share amounted to 62 percent (2022/23: around 61 percent). The remaining 38 percent of sales areas (including finance leases) are let from third parties. In addition, HORNBACH Immobilien AG and HORNBACH Baumarkt AG both hold a number of purchase options for further land at first-class locations in Germany and abroad. Moreover, Group companies also already own pieces of land in Germany and abroad that are designated for use as retail locations.
| No. of stores | Sales area m2 | Share % |
| Property of HORNBACH Baumarkt AG subgroup | 60 | 727,320 | 35.5 |
| Property of HORNBACH Immobilien AG subgroup | 44 | 534,997 | 26.1 |
| Total property owned | 104 | 1,262,317 | 61.6 |
| Land rented, buildings owned | 3 | 29,906 | 1.4 |
| Operating lease | 64 | 758,957 | 37.0 |
| Total | 171 | 2,051,180 | 100.0 |
As well as managing and maintaining existing properties, HORNBACH Immobilien AG is also responsible for developing new locations. That is why its strong team of internationally experienced real estate specialists is permanently on the lookout for first-class locations, i.e. top-quality properties from around 30,000 square meters upwards located in the catchment areas of metropolitan areas and large cities.
