Hornbach

EQS-News: HORNBACH Group lays foundations for future: Boards of Management at HORNBACH Baumarkt AG and HORNBACH Management AG to be enlarged

Retrieved on: 
Friday, May 12, 2023

EQS-News: HORNBACH Holding AG & Co. KGaA

Key Points: 
  • EQS-News: HORNBACH Holding AG & Co. KGaA
    HORNBACH Group lays foundations for future: Boards of Management at HORNBACH Baumarkt AG and HORNBACH Management AG to be enlarged
    The issuer is solely responsible for the content of this announcement.
  • HORNBACH Group lays foundations for future: Boards of Management at HORNBACH Baumarkt AG and HORNBACH Management AG to be enlarged
    Bornheim (Palatinate), May 12, 2023.
  • The Supervisory Board of HORNBACH Baumarkt AG appointed Christa Theurer, Member of Management Germany, Jan Hornbach, Managing Director of HORNBACH International GmbH, and Nils Hornbach, Member of Management Germany and E-Business Director at HORNBACH Baumarkt AG, to the Board of Management of HORNBACH Baumarkt AG as of June 1, 2023.
  • Alongside these appointments to the Board of Management of HORNBACH Baumarkt AG, the Board of Management of HORNBACH Management AG, which is the General partner of HORNBACH Holding AG & Co. KGaA, will also be enlarged.

EQS-News: HORNBACH Holding AG & Co. KGaA: Hornbach Group continues to see steady and strong demand throughout H1 – sales up 5.2% y-o-y

Retrieved on: 
Thursday, September 29, 2022

The Hornbach Group (Hornbach Holding AG & Co. KGaA Group; ISIN: DE0006083405) further increased its sales compared with the previous year's record figure in the second quarter (Q2) of 2022/23 (June1 to August 30, 2022) on the back of continued steady and strong customer demand.

Key Points: 
  • The Hornbach Group (Hornbach Holding AG & Co. KGaA Group; ISIN: DE0006083405) further increased its sales compared with the previous year's record figure in the second quarter (Q2) of 2022/23 (June1 to August 30, 2022) on the back of continued steady and strong customer demand.
  • In H12022/23 (March 1 to August 30, 2022) consolidated sales grew by 5.2% to EUR3,463.3million (2021/22: EUR3,292.4million).
  • Net sales at the Hornbach DIY stores in Germany increased by 1.4% to EUR1,601.7 million in H1 2022/23 (2021/22: EUR1,579.7 million).
  • Table 2: Miscellaneous key figures HORNBACH Holding AG & Co. KGaA Group

DGAP-News: HORNBACH Holding AG & Co. KGaA: Annual General Meeting of Hornbach Holding: Vanessa Stützle elected as new Supervisory Board member

Retrieved on: 
Friday, July 8, 2022

DGAP-News: HORNBACH Holding AG & Co. KGaA

Key Points: 
  • DGAP-News: HORNBACH Holding AG & Co. KGaA
    HORNBACH Holding AG & Co. KGaA: Annual General Meeting of Hornbach Holding: Vanessa Sttzle elected as new Supervisory Board member
    The issuer is solely responsible for the content of this announcement.
  • Annual General Meeting of Hornbach Holding: Vanessa Sttzle elected as new Supervisory Board member
    Change in Supervisory Board: Vanessa Sttzle is newly elected to Supervisory Board and assumes position previously held by Prof. Dr.-Ing.
  • Jens P. Wulfsberg
    The Annual General Meeting of Hornbach Holding AG & Co. KGaA today elected Vanessa Sttzle, currently Chief Digital Officer and a Member of the Management at the Douglas Group, as a new member of the Supervisory Board.
  • The Supervisory Board of Hornbach Holding AG & Co. KGaA will in future therefore comprise the following members:
    (Managing) President of MMM-Club e.V.

DGAP-News: HORNBACH Holding AG & Co. KGaA: Hornbach maintains sales growth – adjusted EBIT well ahead of pre-Covid level

Retrieved on: 
Wednesday, June 29, 2022

Demand for construction and DIY products remains strong and in terms of sales, Q1 2022/23 has been a record quarter for the company.

Key Points: 
  • Demand for construction and DIY products remains strong and in terms of sales, Q1 2022/23 has been a record quarter for the company.
  • On a like-for-like basis and exchange rate adjusted, DIY sales showed subgroup-wide growth of 5.3% in the first three months (2021/22: 4.3%).
  • Net sales at the Hornbach DIY stores in Germany increased by 4.7% to EUR 853.2 million in the first quarter (2021/22: EUR 814.9 million).
  • Adjusted EBIT significantly above pre-Covid levels, but below previous year's figure
    With EUR 148.3 million the adjusted EBIT of Hornbach Group came out 53.1% above pre-Covid levels (2019/20: EUR 96.9 million).

DGAP-News: HORNBACH Holding AG & Co. KGaA: Hornbach reports record results in 2021/22 – ongoing high demand in spring season 2022/23

Retrieved on: 
Tuesday, May 17, 2022

Ongoing high demand for construction and DIY products brought record results for the Hornbach Group (Hornbach Holding AG & Co. KGaA Group; ISIN DE0006083405) in the FY 2021/22 (March 1, 2021 to February 28, 2022).

Key Points: 
  • Ongoing high demand for construction and DIY products brought record results for the Hornbach Group (Hornbach Holding AG & Co. KGaA Group; ISIN DE0006083405) in the FY 2021/22 (March 1, 2021 to February 28, 2022).
  • Hornbach Holding will therefore propose an increased dividend of EUR 2.40 (FY 2020/21: EUR 2.00) at the Annual General Meeting on July 8, 2022.
  • The outlook for the 2022/23 financial year remains cautiously optimistic amid ongoing geopolitical uncertainty and rising prices.
  • The management of Hornbach Group expects the dynamic sales performance to continue, but earnings to fall slightly short of the record number in FY 2021/22.

DGAP-News: HORNBACH Holding AG & Co. KGaA: Hornbach Group achieves record sales of EUR 5.9 billion in FY 2021/22, an increase of 7.7%

Retrieved on: 
Friday, April 1, 2022

During the period Hornbach outperformed the German DIY sector, which reported a decline of 8.2% in the 2021 calendar year.

Key Points: 
  • During the period Hornbach outperformed the German DIY sector, which reported a decline of 8.2% in the 2021 calendar year.
  • Net of sales area and currency items, Hornbach increased sales in the rest of Europe by 7.3% (previous year: 10.8%).
  • In the past 2021/22 financial year, the Hornbach Group once again exceeded the record earnings posted in the previous year.
  • In the 2021/22 financial year, HORNBACH Holding AG & Co. KGaA increased its shareholding in HORNBACH Baumarkt AG to 90.86% within the framework of a delisting offer to the shareholders of HORNBACH Baumarkt AG.

DGAP-News: HORNBACH Holding AG & Co. KGaA: HORNBACH Holding to take HORNBACH Baumarkt private

Retrieved on: 
Monday, December 20, 2021

DGAP-News: HORNBACH Holding AG & Co. KGaA

Key Points: 
  • DGAP-News: HORNBACH Holding AG & Co. KGaA
    HORNBACH Holding AG & Co. KGaA: HORNBACH Holding to take HORNBACH Baumarkt private
    The issuer is solely responsible for the content of this announcement.
  • HORNBACH Holding AG & Co. KGaA ("HORNBACH Holding") announces its intention to launch a public delisting tender offer to all shareholders of HORNBACH Baumarkt AG ("HORNBACH Baumarkt" or the "Company"), for the acquisition of all outstanding shares not already held by HORNBACH Holding AG & Co. KGaA, following a delisting agreement both companies have signed today.
  • Albrecht Hornbach, CEO of HORNBACH Holding, says: "The delisting of HORNBACH Baumarkt AG is a logical step in our company's journey.
  • HORNBACH Baumarkt was listed separately from HORNBACH Holding after its IPO in 1993 to help facilitate the international development of the Group.

DGAP-News: HORNBACH Baumarkt AG: Hornbach Baumarkt AG upgraded by S&P to 'BB+' from 'BB'

Retrieved on: 
Monday, October 18, 2021

Hornbach Baumarkt is pleased to announce upgrades by S&P Global Ratings to its long-term issuer credit rating and the rating on its senior unsecured debt to 'BB+' from 'BB'.

Key Points: 
  • Hornbach Baumarkt is pleased to announce upgrades by S&P Global Ratings to its long-term issuer credit rating and the rating on its senior unsecured debt to 'BB+' from 'BB'.
  • Karin Dohm, CFO of Hornbach Baumarkt AG and Hornbach Management AG stated: "We successfully extended our market position by continuously focusing on our customers' needs, thus reaching a sustainably higher earnings level.
  • S&P's decision to upgrade our ratings is highly appreciated and a great recognition of our work so far."
  • HORNBACH Holding AG & Co. KGaA
    18.10.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.

DGAP-News: Hornbach Holding AG & Co. KGaA: Hornbach Group maintains profitable growth in first half of 2021/22 - Sales and earnings continue at record levels

Retrieved on: 
Thursday, September 30, 2021

The Hornbach Group (Hornbach Holding AG & Co. KGaA Group) maintained its profitable growth course in the first half of 2021/22 (March 1 to August 31, 2021) and gained additional market share in the countries where it operates.

Key Points: 
  • The Hornbach Group (Hornbach Holding AG & Co. KGaA Group) maintained its profitable growth course in the first half of 2021/22 (March 1 to August 31, 2021) and gained additional market share in the countries where it operates.
  • Thanks to this pleasing sales performance and to earnings growth in the second quarter, the Hornbach Group's adjusted consolidated operating earnings (adjusted EBIT) exceeded the previous year's record figure in the first half of the year.
  • That all underlines the performance capacity of our interconnected retail (ICR) approach", commented Albrecht Hornbach, CEO of Hornbach Management AG.
  • Link: www.hornbach-group.com/FinancialReports
    HORNBACH Holding AG & Co. KGaA
    30.09.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.

DGAP-News: Hornbach Holding AG & Co. KGaA: Hornbach maintains sales growth in first quarter of 2021/22

Retrieved on: 
Friday, June 25, 2021

Particularly strong growth was reported for online orders and click & collect sales in the first quarter of 2021/22.

Key Points: 
  • Particularly strong growth was reported for online orders and click & collect sales in the first quarter of 2021/22.
  • Net sales at the Hornbach DIY stores in Germany increased by 0.8 % to Euro 814.9 million in the first quarter (2020/21: Euro 808.4 million).
  • The international share of sales at the Hornbach Baumarkt AG subgroup therefore rose from 45.8 % to 48.3 %.
  • HORNBACH Holding AG & Co. KGaA
    25.06.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.