Germany · Delayed Price · Currency is EUR HORNBACH Baumarkt AG Earnings Call Transcripts
Fiscal Year 2027
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Q2 and H1 saw strong sales and EBIT growth, outpacing the European DIY sector, with robust international and e-commerce performance. Expansion continues with new stores and the acquisition of six Hellweg locations, while guidance remains cautious due to geopolitical and cost pressures.
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Record Q1 net sales of EUR 2 billion (+4.9% YoY) driven by strong international and like-for-like growth, with adjusted EBIT stable. Margin pressure from logistics and wage costs expected to persist, but guidance for sales and EBIT remains unchanged.
Fiscal Year 2025
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Net sales and adjusted EBIT grew despite economic headwinds, with market share gains in key regions and strong expansion activity. Guidance for FY 2025/2026 is cautious due to macroeconomic uncertainties, but a robust start to the year and continued investment support a positive outlook.