Brief: Hornbach Holding FY Adjusted EBIT Up At EUR 326.4 Million

Hornbach Holding AG & Co KGaA

27/05/2021 05:54

May 27 (Reuters) - HORNBACH HOLDING AG & CO KGAA  HBH.DE :
    * HORNBACH GROUP’S NET SALES GREW 15.4% TO EURO 5,456
MILLION IN
2020/21
    * HORNBACH BAUMARKT FY SALES UP 15.6% AT EURO 5,117 MILLION
    * GROUP FY ADJUSTED EBIT UP 43.8% AT EURO 326.4 MILLION
(2019/20:
EURO 227.0 MILLION).
    * HORNBACH BAUMARKT FY ADJUSTED EBIT UP 53.3% AT EURO 278.8
MILLION
    * GROUP FY EARNINGS PER SHARE ROSE FROM EURO 6.56 TO EURO
10.33
    * TO PROPOSE INCREASING THE DIVIDEND TO EURO 2.00 FOR
HORNBACH
HOLDING AG & CO
    * FOR HORNBACH BAUMARKT AG, IT IS PLANNED TO INCREASE THE
DIVIDEND
EURO 0.90
    * FOR 2021/22 FINANCIAL YEAR GROUP EXPECTS CONSOLIDATED
SALES ON
SAME SCALE AS IN 2020/21 (EURO 5,456 MILLION)
    * FOR 2021/22 GROUP EXPECTS ADJUSTED EBIT TO FALL SHORT OF
LEVEL
POSTED FOR 2020/21 (EURO 326.4 MILLION) BUT SIGNIFICANTLY EXCEED
FIGURE OF EURO 227.0 MILLION REPORTED FOR 2019/20

Source text for Eikon:  ID:nNDL8R20yR 
Further company coverage:  HBH.DE 

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