Home improvement retailer Hornbach said consolidated sales for the first three months of the financial year to May 31 rose 11.1% to E918.1m (£795m). Net income for the period rocketed by 30.6%. Sales at the 92 DIY stores in Germany grew by 10.7% overall, and by 7.7% on a like-for-like basis.

Hornbach Holding chairman Albrecht Hornbach said: “In 2011 we have seen a pleasing revival in the renovation and new construction markets.”

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