HORNBACH Group Reports Solid Q1 Sales Growth

HORNBACH Group announced a 4.9% increase in net sales for Q1 2026/27, reaching EUR 2.0 billion. This growth was predominantly driven by strong performance in other European countries. Despite ongoing consumer environment challenges, the Group maintained market share expansions across Germany and Europe.

HORNBACH Baumarkt AG, the largest subgroup, reported a 4.7% increase in sales, boosted by a 9.0% rise in online sales. The subgroup's market share in several European countries, including the Netherlands and Czechia, improved.

Adjusted EBIT remained stable at EUR 161.0 million, despite a slight 0.5% decrease due to increased costs in personnel and operations. The company's focus on value and low pricing continues to reinforce customer trust.

While net income dipped to EUR 104.2 million, capital expenditure grew, reflecting expansion plans into Serbia and new store openings. HORNBACH maintains its full-year guidance, anticipating stable sales amidst macroeconomic uncertainties.