Germany's Hornbach jumps on strong Q1 sales

Hornbach Holding AG & Co KGaA

24/06/2025 08:52

** Shares in DIY retailer Hornbach HBH.DE rise 8% after the firm reported a 5.7% increase in Q1 sales

** Adjusted EBIT rose by 10.4% to 161.7 million euros ($187.57 million)

** "Despite a slightly weaker margin than expected, shares have a chance to bounce after a soft start," says a local trader

** The stock is on track for its best day since March 2022

($1 = 0.8621 euros)

(Reporting by Paolo Laudani)

((Paolo.laudani@thomsonreuters.com))