Brief: Hornbach Holding 9-month Adjusted EBIT Up 36% To EUR 326.3 Million

Hornbach Holding AG & Co KGaA

22/12/2022 06:04

Dec 22 (Reuters) - Hornbach Holding AG & Co KGaA
 HBH.DE :
    * HORNBACH HOLDING AG & CO KGAA - CONTINUED STRONG DEMAND
FOR
CONSTRUCTION AND DIY PRODUCTS AMID RISING PRODUCT PRICES:
CONSOLIDATED SALES UP 10.4% IN Q3 2022/23 AND 6.7% IN 9M 2022/23
    * HORNBACH HOLDING AG & CO KGAA - 9M 2022/23 LIKE-FOR-LIKE
SALES
AHEAD OF PREVIOUS YEAR (+3.4%) AND SIGNIFICANTLY ABOVE
PRE-PANDEMIC LEVELS (3-YEAR LIKE-FOR-LIKE +29.5%)
    * HORNBACH HOLDING AG & CO KGAA - ADJUSTED EBIT WITH EUR
326.3
MILLION IN 9M 2022/23 WELL ABOVE PRE-PANDEMIC LEVELS BY +36%,
AND IN LINE WITH EXPECTATIONS DOWN 17.0% AGAINST PREVIOUS YEAR'S
RECORD PERFORMANCE
    * HORNBACH HOLDING AG & CO KGAA - FULL-YEAR OUTLOOK FOR
2022/23 AS
OF JUNE 13, 2022 RECONFIRMED
    * HORNBACH HOLDING AG & CO KGAA - EARNINGS PER SHARE AT EUR
13.08
WERE ONLY SLIGHTLY DOWN FROM PREVIOUS YEAR (2021/22: EUR 13.66)

Source text for Eikon:  ID:nEQ144HLma 
Further company coverage:  HBH.DE 
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