on HORNBACH Holding AG & Co. KGaA (NASDAQ:HBBHF)
HORNBACH Reports Stable Nine-Month Financial Results
HORNBACH Holding AG & Co. KGaA announced a robust financial performance for the first nine months of 2024/25, marked by stable sales and an improved gross margin. Consolidated net sales saw a marginal increase, reaching EUR 4,950.8 million, while adjusted EBIT rose by 11.4% to EUR 300.0 million. This growth is attributed to positive organic developments across Europe and effective cost management strategies.
The HORNBACH Group continues to expand its market share, with customer frequency increasing by 1.6%. Despite consumer caution, especially in big-ticket purchases, the company succeeded in maintaining performance levels comparable to the previous year. Earnings per share improved to EUR 11.84, reflecting a 23.4% increase compared to the same period in the previous year.
Looking ahead, the earnings outlook for the entire fiscal year remains steady. HORNBACH anticipates sales to align with prior year levels, buoyed by strategic market positioning and anticipated seasonal performance in the final quarter.
R. P.
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