Germany's Hornbach prelim full-year sales slightly beat expectations

Hornbach Holding AG & Co KGaA

20/03/2026 17:43

Overview

Germany home improvement retailer's preliminary full-year sales grew 3.8%, slightly beating analyst expectations

Preliminary adjusted EBIT for full year was nearly flat compared to prior year

Q4 sales rose but adjusted opearating loss widened due to higher costs in seasonally weak quarter

Outlook

Company did not provide specific guidance or outlook for the current or future periods

Result Drivers

HIGHER COSTS - Q4 loss widened as higher costs could not be fully offset, leading to lower adjusted EBIT

SEASONAL WEAKNESS - Company said Q4 is usually the weakest quarter due to seasonal factors, resulting in negative EBIT contribution

Company press release: ID:nEQ5RFWPka

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Sales
Slight Beat*
EUR 6.43 bln
EUR 6.40 bln (8 Analysts)
FY Adjusted EBIT
EUR 264.7 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

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 €93.00, about 16.8% above its March 19 closing price of €79.60

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.)