HORNBACH Group Hits FY 2023/24 Targets - Annual Figures Show Strong Performance

• HORNBACH Group delivered robust preliminary figures for the financial year 2023/24, with consolidated net sales slightly below the previous year at EUR 6,161 million (-1.6%).
• The gross margin further recovered due to lower commodity prices in some core product categories and a more favorable product mix.
• HORNBACH Group’s adjusted EBIT for FY 2023/24 is expected at approx. EUR 254 million, down from EUR 290 million in 2022/23.
• Net sales at the largest operating subgroup HORNBACH Baumarkt were close to the previous year’s level (-1.1%) at EUR 5,780 million.
• Online sales accounted for 12.7% of HORNBACH Baumarkt subgroup’s total sales in FY 2023/24, declining by 11.1% to EUR 732 million.
• The HORNBACH Baustoff Union GmbH subgroup saw a decline in net sales by 9.6% to EUR 381 million in the 2023/24 financial year due to the weak development in the overall German construction industry.

The next important date, Trading Statement for the fiscal year 2023/2024, at HORNBACH Holding is on 26.03.2024.

At this time, the index SDAX was at 14.091,70PKT (+0,75 %).

HORNBACH Holding

-0,39 %

-1,84 %

+4,46 %

+10,87 %

+15,69 %

-14,97 %

+68,89 %

+10,55 %

+234,53 %

ISIN:DE0006083405WKN:608340

• Intraday
• 5 Tage
• 1 Monat
• 3M
• 1 Jahr
• 3J
• 5J
• 10J
• Max