HORNBACH Holding AG & Co. KGaA

HORNBACH successfully delivered strong earnings in the second quarter 2024/25, building on its solid performance in the first quarter.   Half-year 2024/25 net sales were in line with prior year’s period (EUR 3,445.8 million; +0.1%)   Focused operational execution led to an increase in adjusted EBIT to EUR 265.4 million (+19.9%).   Accordingly, earnings per share in 6M 2024/25 increased to EUR 10.78 compared to EUR 7.83 in the previous year’s period.   The forecast for the full-year 2024/25 remains unchanged. Sales are expected slightly above the previous year’s level (EUR 6,161 million) and adjusted EBIT at or slightly above the level of the 2023/24 financial year (EUR 254.2 million).   Read the full press release here: https://lnkd.in/dF-xs7uZ #diy #financialresults #profitability

HORNBACH Baumarkt AG 🥇 Beim Kundenmonitor Deutschland 2024 wurde HORNBACH auf den 1. Platz 🏆 bei der Gesamtzufriedenheit und vielen weiteren Kategorien gewählt. Unser Einsatz für zufriedene Kunden bleibt unser Nordstern ⭐️ DANKE an unsere Kundinnen und Kunden für ihr Vertrauen 🫶🏼 und an alle HORNBACH Teams für Engagement 💪 und #Herzblut ♥️ #EsGibtImmerWasZuTun #YippieJaJaYippieYippieYeah #diy

Join our unique German Select Conference and digitally meet 10 interesting MDAX and SDAX members   You think the underperformance of Small and Mid Caps vs. the DAX (amounting close to 30% in the SDAX and 40% in the MDAX over the last 3 years) is coming to an end? You are looking for interesting investment opportunities in this space and want to gain insights directly from companies listed in these indices? Then look no further: our unique online German Select Conference on August 20th is the place for you! Participation is FREE and open to all interested parties. Please register here: www.research-hub.de   09:30 NORMA Group, Guido Grandi, CEO 10:00 INDUS Holding AG, Dafne Sanac, Head of IR 10:30 Hypoport SE, Ronald Slabke, CEO 11:00 CEWE Group, Axel Weber, Head of IR 11:30 HORNBACH Holding AG & Co. KGaA, Anne Spies, Senior IR Manager 12:00 Gerresheimer, Guido Pickert, VP Corporate IR   Lunch Break 13:30 AIXTRON SE, Ralf Penner, Senior IR Manager 14:00 Verbio SE, Alina Köhler, Head of IR 14:30 Fielmann Group, Ulrich Brockmann, Head of IR 15:00 AUTO1 Group, Philip Reicherstorfer, VP Treasury and IR

Shareholders at today’s Annual General Meeting of HORNBACH Holding AG & Co. KGaA voted with a large majority to approve the distribution of a dividend of Euro 2.40 per share (2022/23: Euro 2.40). This corresponds to a distribution quota of 30.7% (2022/23: 24.4%) and a dividend yield of 3.5% based on the XETRA closing price on February 29, 2024. HORNBACH is thus maintaining the continuity of its reliable dividend strategy. Since its IPO in 1987, HORNBACH Holding has distributed a dividend at least at the previous year’s level to its shareholders each year.   Read the full news here: https://lnkd.in/dpeuaxhx

The HORNBACH Group reported strong figures for Q1 2024/25 (March 1, 2024 to May 31, 2024).   Consolidated net sales increased by 1.8% to EUR 1,805.7 million as good weather in March and April partly outweighed the continued effects of customer caution regarding big-ticket and discretionary categories.   Adjusted EBIT was up significantly y-o-y by 33.8% to EUR 146.4 million based on improved top line in March and April, an improved gross margin and ongoing cost discipline. Accordingly, earnings per share in Q1 2024/25 increased by 44% y-o-y to EUR 5.96 from EUR 4.15 in the previous year.   For FY 2024/25 HORNBACH continues to expect sales slightly above the previous year’s level (EUR 6,161 million) as well as an adjusted EBIT at or slightly above the level of the 2023/24 financial year (EUR 254.2 million).   Read the full press release here: https://lnkd.in/dY7iR7iQ   #diy #financialresults #growth

In einem umfangreichen Artikel in der Börsen-Zeitung beantwortet Karin Dohm, CFO der HORNBACH Gruppe, zahlreiche Fragen rund um die Positionierung des Unternehmens, das vergangene Geschäftsjahr 2023/24 und das Thema Finanzierung. Vielen Dank an Martin Dunzendorfer für das ausführliche Gespräch!   Lesen Sie gerne einmal rein: https://lnkd.in/dftiuNmw   #DIY #CFO #Hornbach

HORNBACH Group has successfully supplemented its existing syndicated loan with #sustainability components. The financing of EUR 500 million agreed in September 2022 included a rendezvous clause, which allows the credit margin to be subsequently linked to specific #ESG key performance indicators (“KPI’s”).   With the conclusion of the ESG supplementary agreement, the financing costs of the syndicated loan are now also influenced by three ESG KPI’s, which reflect the Company’s targets in #CO2reduction in its own operations, product range and progress in increasing the proportion of female managers. As a consequence, the financing is getting aligned with some of the key fields of action of HORNBACH Group's sustainability strategy.   A total of nine banks from Germany and abroad are involved in the syndicated credit line. The structuring of the sustainability component was supported by Helaba as ESG coordinator.   Read the full Corporate News here: https://lnkd.in/drcxs3kn  

❔ Welchen Einfluss haben die aktuelle Inflation und steigende Energiepreise auf das Baumarktgeschäft? ❔ Wie integriert HORNBACH sein umfangreiches Online-Angebot und welche Rolle spielt #ECommerce in der Gesamtstrategie des #DIY Unternehmens? ❔ Wie läuft es im aktuellen Geschäftsjahr und wo geht die Reise hin? ❔ Gibt es nach der Hauptversammlung im Juli wieder eine #Dividende? Diese und weitere spannende Fragen beantwortet Karin Dohm, CFO bei der HORNBACH Holding AG & Co. KGaA und der HORNBACH Baumarkt AG, im Interview mit Peter Heinrich vom Börsen Radio Network AG. Hören Sie mal rein! https://lnkd.in/dxY6Qvyc

HORNBACH Group delivered solid results for the financial year 2023/24 (March 1, 2023, to February 29, 2024) with sales of EUR 6,161 million (-1.6%) and adjusted EBIT of EUR 254.2 million (-12.4%), in line with guidance and preliminary figures. For the current financial year 2024/25, HORNBACH expects an uptick in sales due to a strong spring season supported by more favorable weather conditions compared to the previous year. Adjusted EBIT in 2024/25 is projected to be similar to or slightly above 2023/24 levels, while improvements to the gross margin will be partly offset by higher personnel costs and the implementation of IT projects. In accordance with its dividend policy, HORNBACH Holding AG & Co. KGaA will propose a stable dividend of EUR 2.40 per share to the Annual General Meeting, which will be held physically in Landau (Pallatinate) on July 5, 2024.   Albrecht Hornbach, CEO of HORNBACH Management AG, commented the results and gave an indication for the current financial year: “We achieved solid 2023/24 results, in line with our guidance. Given this performance amid the complex macroeconomic environment, we are confident for FY 2024/25. Moreover, the continuous successful implementation of our strategic priorities – organic growth with high-quality locations and online retail – give us confidence to deliver another solid financial year.”   All documents relating to the 2023/2024 financial year can be found here: https://lnkd.in/edhmbW3e   Press conference (11.00 am CEST, German): https://lnkd.in/egm2NSVt   Investor and analyst conference (2.00 pm CEST, English): https://lnkd.in/dbDEq6Rn  

HORNBACH Group delivered solid results for the financial year 2023/24 (March 1, 2023, to February 29, 2024) with sales of EUR 6,161 million (-1.6%) and adjusted EBIT of EUR 254.2 million (-12.4%), in line with guidance and preliminary figures. For the current financial year 2024/25, HORNBACH expects an uptick in sales due to a strong spring season supported by more favorable weather conditions compared to the previous year. Adjusted EBIT in 2024/25 is projected to be similar to or slightly above 2023/24 levels, while improvements to the gross margin will be partly offset by higher personnel costs and the implementation of IT projects. In accordance with its dividend policy, HORNBACH Holding AG & Co. KGaA will propose a stable dividend of EUR 2.40 per share to the Annual General Meeting, which will be held physically in Landau (Pallatinate) on July 5, 2024.   Albrecht Hornbach, CEO of HORNBACH Management AG, commented the results and gave an indication for the current financial year: “We achieved solid 2023/24 results, in line with our guidance. Given this performance amid the complex macroeconomic environment, we are confident for FY 2024/25. Moreover, the continuous successful implementation of our strategic priorities – organic growth with high-quality locations and online retail – give us confidence to deliver another solid financial year.”   All documents relating to the 2023/2024 financial year can be found here: https://lnkd.in/edhmbW3e   Press conference (11.00 am CEST, German): https://lnkd.in/egm2NSVt   Investor and analyst conference (2.00 pm CEST, English): https://lnkd.in/dbDEq6Rn