on HORNBACH Holding AG & Co. KGaA (NASDAQ:HBBHF)
HORNBACH Group Reports Strong Growth and Expansion in 2026
HORNBACH Group demonstrated robust growth in H1 2026/27 with net sales rising by 6% to EUR 3.8 billion. The company expanded its footprint with new stores in Slovakia and Austria while capturing more market share in Germany and across Europe. Despite increasing costs, the group saw adjusted EBIT soar by 12.8% in Q2, culminating in a 4.9% rise in H1 to EUR 285.6 million. This performance supports their full-year guidance amidst global uncertainties.
An emphasis on strategic growth was noted with plans to expand further in Europe and integrate six Hellweg locations in Germany into their store network. Online sales also surged by 8.6% to EUR 485.8 million, enhancing their market presence.
CEO Albrecht Hornbach attributed success to strategic expansion and resilience, while HORNBACH Baumarkt's Erich Harsch highlighted strong seasonal product demand as a key driver. Investments rose to EUR 121 million, reflecting continued confidence in future growth amidst a challenging economic backdrop.
R. P.
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