EQS-News

HORNBACH Group delivers successfully on FY 2023/24 targets – full year figures reflect solid performance

EQS-News: HORNBACH Holding AG & Co. KGaA / Key word(s): Preliminary Results HORNBACH Group delivers successfully on FY 2023/24 targets – full year figures reflect solid performance 26.03.2024 / 07:00 CET/CEST The issuer is solely responsible for the content of this announcement. FY 2023/24 figures reflect improved development in H2 and Q4 amid macro headwinds Consolidated Group sales 1.6% below FY 2022/23 in line with guidance – customers prioritize small tickets over big ticket and discretionary categories Like-for-like sales decreased by 2.0% in FY 2023/24, but stabilizing to -1.3% in Q4 2023/24 Gross margin positively impacted by normalization of some core commodity prices and more favorable product mix HORNBACH continued to increase market share in key international markets Adjusted Group operating earnings (adj. EBIT) expected at around EUR 254 million (-12%) – in line with FY guidance Table 1: Key figures HORNBACH Holding AG & Co. KGaA Group

(in EUR million, unless otherwise stated)	FY 2023/24	FY 2022/23	± in %
Net sales	6,161	6,263	(1.6)
of which HORNBACH Baumarkt AG subgroup	5,780	5,843	(1.1)
- Germany	2,787	2,861	(2.6)
- Other European countries	2,993	2,982	0.4
of which HORNBACH Baustoff Union GmbH subgroup	381	421	(9.6)
Adjusted EBIT1)	254	290	(12.4)
Number of HORNBACH Baumarkt stores2)	171	171	0.0
Sales areas (HORNBACH Baumarkt) as per BHB (000 sqm)	2,051	2,035	0.8
Number of HORNBACH Baustoff Union outlets	39	39	0.0
Total workforce of HORNBACH Group3)	24,783	25,117	(1.3)

_{1) adjusted to exclude non-operating income and expenses}

_{2) of which 169 HORNBACH DIY stores with garden centers and two BODENHAUS outlets}

_{3) number of employees, including passive employment relationships, at balance sheet date on February 28/29}

_{Rounding up or down may lead to discrepancies between percentages and totals. Percentage figures calculated on basis of Euro 000s.}