COMMUNIQUÉ DE PRESSE
par HORNBACH Holding AG & Co. KGaA (NASDAQ:HBBHF)
Original-Research: HORNBACH Holding AG & Co. KGaA (von Quirin Privatbank Kapitalmarktgeschäft): Buy
Original-Research: HORNBACH Holding AG & Co. KGaA - from Quirin Privatbank Kapitalmarktgeschäft
30.09.2026 / 16:30 CET/CEST
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Classification of Quirin Privatbank Kapitalmarktgeschäft to HORNBACH Holding AG & Co. KGaA
| Company Name: | HORNBACH Holding AG & Co. KGaA |
| ISIN: | DE0006083405 |
| Reason for the research: | update |
| Recommendation: | Buy |
| from: | 30.09.2026 |
| Target price: | 110.00 |
| Last rating change: | |
| Analyst: | Ralf Marinoni |
Strong development in H1-26/27
HORNBACH delivered a strong first half of FY 2026/27, driven by solid customer demand across its markets. Group net sales increased by 6.0% to EUR 3.82bn, supported by like-for-like sales growth of 4.0%. This demonstrates that growth was not only driven by expansion but also by stronger underlying customer activity. Despite higher costs related to personnel, expansion activities and store openings, HORNBACH increased its adjusted EBIT by 4.9% to EUR 285.6m, highlighting the resilience of its operating performance. The company confirmed its FY 2026/27 guidance.
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2408170 30.09.2026 CET/CEST