Germany's Hornbach Holding annual sales rise 3.8%, market share grows

Hornbach Holding AG & Co KGaA

19/05/2026 06:10

Overview

Germany DIY retailer's fiscal 2025/26 net sales rose 3.8% to EUR 6.4 bln

Adjusted EBIT declined 1.8%, nearly matching prior year and company guidance

Net income fell 2.4%, impacted by increased personnel costs

Outlook

Hornbach expects 2026/27 sales at or slightly above prior year's EUR 6.4 bln

Company expects 2026/27 adjusted EBIT roughly at prior year's EUR 264.7 mln

Company sees moderate rise in costs, partly due to collective bargaining in German retail

Result Drivers

PRODUCT INNOVATION AND MIX - Co said gross profit rose 4.1% due to product innovation and improved product mix, helping offset higher costs

MARKET SHARE GAINS - Co said it grew market shares in Germany and across Europe in 2025, with positive trend continuing into early 2026

HIGHER COSTS - Co said earnings performance was impacted by increased personnel costs due to salary increases and new hires, as well as higher maintenance and IT expenses

Company press release: ID:nEQ1dRpDGa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Net Income
EUR 143.6 mln
FY EBIT
EUR 256.2 mln
FY Pretax Profit
EUR 201.3 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the home improvement products & services retailers peer group is "buy"

Wall Street's median 12-month price target for HORNBACH Holding AG & Co KgaA is €90.00, about 15.1% above its May 18 closing price of €78.20

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 9 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)