Germany's Hornbach rises as higher Q2 results soothe some concerns
08/09/2026 07:30
BUZZ-Germany's Hornbach rises as higher Q2 results soothe some concerns ** Shares in Hornbach HBH.DE are up 3.4% in early Frankfurt trading, at the top of Germany's small-cap index .SDAXI, after the DIY retailer reported year-on-year growth in its preliminary Q2 results on Monday
** The German company posted preliminary Q2 sales of €1.81 billion ($2.11 billion) and adjusted EBIT of €124.6 million, up 7.3% and 12.8% respectively, driven by robust customer demand
** "Solid results. The firm paused SBB recently, so there might have been some fears of a weaker report," a local trader says, adding the numbers were above market expectations
** As of Monday's close, the Hornbach stock is down around 3% YTD
($1 = 0.8598 euros)
(Reporting by Emanuele Berro)