on HORNBACH Holding AG & Co. KGaA (NASDAQ:HBBHF)
HORNBACH Group Highlights Strong Preliminary FY 2024/25 Performance
HORNBACH Holding AG & Co. KGaA reported successful performance for the financial year 2024/25. Preliminary figures indicate consolidated sales of EUR 6.2 billion, a 0.6% increase from the previous year. This growth was led by a 1.2% rise in sales from HORNBACH Baumarkt AG, with improved customer frequency playing a crucial role.
The company's gross margin benefited from the reduction in core commodity prices and a stable price environment. The adjusted EBIT surged 6.0% to approximately EUR 270 million. HORNBACH also expanded its market share in key European regions, including the Netherlands and Czechia.
Despite challenges in the German construction industry, the HORNBACH Group managed to maintain stable sales in Germany while growing international sales by 2.4%. This international focus now constitutes 52.4% of the subgroup’s sales.
With plans for new store openings and continued investment in IT infrastructure, HORNBACH aims to further solidify its market position. Full earnings details and guidance for 2025/26 will be released in May 2025.
R. E.
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