Germany's Hornbach Holding FY net sales rise on higher customer frequency

Hornbach Holding AG & Co KGaA

25/03/2026 06:11

Overview

Germany DIY retailer's preliminary fiscal 2025/26 net sales grew 3.8% year-over-year

Adjusted EBIT was nearly flat as higher costs offset gross profit growth

Company opened four new stores and expanded market share in Europe

Outlook

Company did not provide specific guidance for the upcoming financial year in its press release

Result Drivers

HIGHER CUSTOMER FREQUENCY - Baumarkt subgroup sales growth was mainly driven by a 3.0% increase in customer visits

NEW STORE OPENINGS - Four new DIY and garden stores contributed to sales growth and increased market reach

COST INCREASES OFFSET GAINS - Higher personnel and operating costs, including maintenance and IT, offset gross profit growth and kept adjusted EBIT nearly flat

Company press release: ID:nEQ5D18FMa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Adjusted EBIT Margin
4.10%


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(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.)