09.06.2020 HORNBACH Baumarkt AG  DE0006084403

DGAP-Adhoc: HORNBACH Baumarkt AG: Substantial sales and earnings growth in first quarter of 2020/21- Operating earnings grow by around 90 percent


 

DGAP-Ad-hoc: HORNBACH Baumarkt AG / Key word(s): Quarter Results/Development of Sales
HORNBACH Baumarkt AG: Substantial sales and earnings growth in first quarter of 2020/21- Operating earnings grow by around 90 percent

09-Jun-2020 / 21:15 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.



Substantial sales and earnings growth in first quarter of 2020/21:
Operating earnings grow by around 90 percent


Bornheim bei Landau, June 9, 2020.
The Hornbach Baumarkt AG Group can report a jump in its sales and earnings for the first quarter (March 1 to May 31, 2020) of the 2020/21 financial year compared with the previous year's quarter.


Based on initial preliminary figures, consolidated sales in the opening quarter increased by 18.4% to Euro 1,492 million (2019/20: Euro 1,260.7 million). Consolidated adjusted EBIT (operating earnings excluding non-operating earnings items*) rose by some 90% to around Euro 160 million (2019/20: Euro 84.1 million).

The substantial improvement in earnings was essentially driven by strong sales growth in Germany and abroad. In the course of the coronavirus crisis, demand from customers in the stationary and online business has risen notably since mid-March, also benefiting from favorable spring weather in 2020. At plus 36%, the strongest sales growth was reported in May 2020, when all 64 of the Hornbach DIY stores and garden centers initially affected by official sales restrictions had been reopened (March 2020: minus 2%; April 2020: plus 17%).

The full-year outlook for 2020/21 published in the 2019/20 Annual Report is nevertheless unchanged for now. In this respect, the Board of Management points to the considerable and hardly predictable macroeconomic risks to the company's business performance looking forward due to the coronavirus crisis. From a current perspective, it still deems it likely that consolidated sales for the 2020/21 financial year as whole will approximately match the level reported for the 2019/20 financial year (Euro 4.4 billion) and that consolidated adjusted earnings (adjusted EBIT) will fall slightly short of the previous year's figure (Euro 181.8 million).

The definitive figures for the first quarter of 2020/21 will be published in the Quarterly Statement on June 26, 2020.
 

* There were no non-operating earnings items either in Q1 2020/21 or in the previous year's quarter.




Contact:
Axel Mueller
Group Communications and Investor Relations Director
HORNBACH Holding AG & Co. KGaA
Tel. +49 (0) 6348 602444
[email protected]

09-Jun-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: HORNBACH Baumarkt AG
Hornbachstraße
76878 Bornheim bei Landau/Pfalz
Germany
Phone: +49 (0)6348 / 60 00
Fax: +49 (0)6348 / 60 40 00
E-mail: [email protected]
Internet: www.hornbach.de
ISIN: DE0006084403
WKN: 608440
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1066617

 
End of Announcement DGAP News Service

1066617  09-Jun-2020 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 3.890,70 4.095,54 4.428,04 5.116,94 5.496,09 5.843,00 5.780,00
EBITDA1,2 182,70 160,17 413,76 504,60 551,00 450,00 0,00
EBITDA-Marge3 4,70 3,91 9,34 9,86 10,03 7,70
EBIT1,4 102,49 67,15 163,93 258,60 289,26 188,60 0,00
EBIT-Marge5 2,63 1,64 3,70 5,05 5,26 3,23 0,00
Jahresüberschuss1 58,67 40,93 78,69 153,14 188,94 108,20 0,00
Netto-Marge6 1,51 1,00 1,78 2,99 3,44 1,85 0,00
Cashflow1,7 134,11 3,70 327,48 333,53 344,72 0,00 0,00
Ergebnis je Aktie8 1,84 1,29 2,47 4,82 5,94 3,40 2,70
Dividende8 0,68 0,68 0,68 0,90 0,90 0,90 0,68
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2021 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Deloitte

INVESTOR-INFORMATIONEN
©boersengefluester.de
Hornbach Baumarkt
WKN Kurs in € Einschätzung Börsenwert in Mio. €
608440 49,800 Halten 1.583,99
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
15,81 13,74 1,15 17,27
KBV KCV KUV EV/EBITDA
1,12 4,60 0,27 3,37
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,90 0,90 1,81 06.07.2023
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
- - - 22.05.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
3,67% 5,20% 5,29% -6,21%
    
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Handel , 608440 , HBM , HAM:HBM