HORNBACH Holding AG Reports Modest Sales Increase and Positive Outlook

HORNBACH Holding AG & Co. KGaA disclosed a minor rise in net sales for FY 2024/25, achieving EUR 6,200 million. This increment was propelled by the HORNBACH Baumarkt subgroup. Gross profit surged by 3.6%, aided by reduced raw material costs, product innovations, and a favorable product mix. However, operational expenses as a sales percentage grew due to higher wages and a SAP S/4 Hana system migration.

The adjusted EBIT enhanced by 6.0% to EUR 269.5 million, with a margin increase from 4.1% to 4.3%. The company fortified its market presence in Germany and other key regions, experiencing above-average growth in the DIY sector. Plans for further expansion, including new stores in Nuremberg and Duisburg, underpin HORNBACH's stable FY 2025/26 outlook.