on HORNBACH Holding AG & Co. KGaA (NASDAQ:HBBHF)
HORNBACH Group Reports Growth in Q1 2025/26
HORNBACH Group announced a 5.7% increase in consolidated net sales for Q1 2025/26, reaching EUR 1.909.2 million. This growth was largely attributed to favorable weather and increased customer visits. Adjusted EBIT experienced a 10.4% rise to EUR 161.7 million, propelled by enhanced sales and gross profit.
Despite macroeconomic uncertainties, HORNBACH maintains its full-year outlook, anticipating net sales to match or slightly exceed the previous year's EUR 6,200 million and adjusted EBIT to align with the 2024/25 level of EUR 269.5 million.
In Germany, sales rose by 4.7%, aided by new store openings. International sales saw a 6.9% growth, with online sales climbing 11.1% to EUR 236.3 million. The group witnessed an uptick in market share across several European countries.
R. H.
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