Hornbach (hardware store)

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HORNBACH Baumarkt AG

logo
legal form Corporation
ISIN DE0006084403
founding 1877/1993
Seat Bornheim (Palatinate) , GermanyGermanyGermany 
management
Number of employees 20,438 (Feb 2020)
sales 4.4 billion euros (2019/20)
Branch retail trade
Website www.hornbach.de
Status: February 29, 2020

The Hornbach Baumarkt AG is one of the largest operators of construction and garden centers across Europe . It is a subsidiary of Hornbach Holding AG & Co. KGaA, which is also listed . Hornbach Baumarkt AG is based in Bornheim (Palatinate) .

In fiscal year 2019/2020 (March 1, 2019 to February 29, 2020) scored the HORNBACHBaumarkt group sales of 4.4 billion euros .

The Hornbach Baumarkt Group currently operates a total of 160 DIY megastores with garden centers and online shops in nine European countries, 96 of which are in Germany (also: Austria , the Netherlands , the Czech Republic , Luxembourg , Switzerland , Sweden , Slovakia , Romania ). With a total sales area of ​​around 1.89 million m², the average sales area of ​​a Hornbach DIY megastore with a garden center is around 11,800 m², weighted according to the standards of the BHB branch association.

The sales concept and range are geared towards the needs of project customers and professionals. Hornbach completely foregoes discount campaigns and instead guarantees its customers so-called long-term low prices.

history

In 1877, master slater Michael Hornbach founded a craft business in Landau in the Palatinate . In 1900, his son Wilhelm Hornbach expanded it to include a building materials store. The great-grandson of the company founder, Otmar Hornbach , opened the first combined DIY and garden center in Europe in 1968 in Bornheim (Palatinate) . His sons Albrecht and Steffen Hornbach are today chairmen of the supervisory board and the management board of Hornbach Baumarkt AG.

In 1987 the company went as a public company for the first time at the stock exchange . In the course of the second IPO in 1993, Hornbach AG became Hornbach Holding AG (today: Hornbach Holding AG & Co. KGaA) and Hornbach-Baumarkt-AG (today's spelling: Hornbach Baumarkt AG). Hornbach Holding AG & Co. KGaA holds 76.4 percent of the shares in Hornbach Baumarkt AG, the remainder is in free float .

In August 2019, Steffen Hornbach announced that he would resign from the chairmanship at the end of the year.

Branches

Main building of the central administration of Hornbach Baumarkt AG in Bornheim (Palatinate) .
country First market Number of markets
GermanyGermany Germany 1968 96
AustriaAustria Austria 1996 14th
NetherlandsNetherlands Netherlands 1997 15th
LuxembourgLuxembourg Luxembourg 1998 1
Czech RepublicCzech Republic Czech Republic 1998 10
SwitzerlandSwitzerland Switzerland 2002 7th
SwedenSweden Sweden 2003 7th
SlovakiaSlovakia Slovakia 2004 4th
RomaniaRomania Romania 2007 6th

Awards

In 2000 the company received the Golden Sugar Loaf and in 2006 the German Retail Award for “Management Performance of the Year” . In 2007 Otmar Hornbach, pioneer and founder of the DIY store company, received the “Lifetime Award” from the trade association for DIY, building and gardening (BHB) for his life's work.

Web links

Commons : Hornbach (Baumarkt)  - Collection of images

Individual evidence

  1. ↑ Factbook financial year 2019/20 (PDF), accessed on June 8, 2020
  2. ↑ Annual Report 2019/20 (PDF), accessed on June 8, 2020
  3. ↑ Investor Relations: Annual Report 2019/20. Hornbach Holding AG & Co. KGaA, May 27, 2020, accessed on June 8, 2020 .
  4. ^ Hornbach Holding: Locations. In: www.hornbach-holding.de. Hornbach Holding AG & Co. KGaA, accessed on June 8, 2020 .
  5. ↑ The guaranteed long-term low prices. In: www.hornbach.de. Retrieved July 18, 2019 .
  6. ↑ SPIEGEL ONLINE, Hamburg Germany: Garden store founder: DIY store pioneer Otmar Hornbach is dead. In: SPIEGEL ONLINE. Retrieved November 24, 2016 .
  7. ↑ Hornbach Holding AG & Co. KGaA: History of the HORNBACH Group. Retrieved July 18, 2019 .
  8. ↑ Hornbach Holding AG: Group structure of HORNBACH Holding AG & Co. KGaA. Retrieved July 18, 2019 .
  9. ↑ Steffen Hornbach withdraws , accessed on September 6, 2019
  10. ↑ Hornbach Holding: Factbook 2018/19. (PDF; 975 kB) Hornbach Holding AG & Co. KGaA, accessed on July 18, 2019 .