Hornbach Baumarkt AG provided consolidated sales and earnings forecast for the financial year ending February 28, 2013. Full-year consolidated sales for 2012/2013 are now expected at around the previous year's figure of EUR 3.0 billion. Previously, the target was to generate sales growth in a low single-digit percentage range.

This more cautious assessment of the company's ongoing business performance is due to the deterioration in consumer confidence in the second half of 2012/2013. Accordingly, the board of management now expects operating earnings EBIT for the 2012/2013 financial year to fall short of the record figure of EUR 128 million reported for the 2011/2012 financial year.