Market Updates
Europe Movers: Hornbach Baumarkt
Inga Muller
27 Jun, 2025
Frankfurt
Hornbach Baumarkt AG & Co. KgaA eased 0.1% to €99.40 after the Germany-based garden center retailer reported results for the fiscal first quarter of 2025 ending on May 31.
Net sales increased to €1.91 billion from €1.80 billion, pre-tax earnings climbed to €148.8 million from €131.3 million, and diluted earnings per share rose to €6.62 from €5.96 a year ago.
Same-store sales jumped 3.4% in the quarter, as sales in the other European countries segment rose 5.9%, and in Luxembourg and the Netherlands, they were up 10.9%.
Net sales in Germany increased 4.7% to €870.0 million from €831.2 million, while sales outside Germany grew 6.9% to €940.9 million from €880.1 million a year earlier, respectively.
Online sales accounted for 13.1% of total sales in the quarter, and they increased 11.1% to €236.3 million from €212.7 million in the previous year.
The company guided full-year net sales to be flat or slightly above the previous year’s level of €6.20 billion and adjusted EBIT to be flat at €269.5 million.
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