stage

Ad-hoc announcement: Hornbach Holding raises guidance for fiscal year 2021/22

Bornheim (Palatinate), December 7, 2021, 20:15 CET

Based on preliminary figures for the third quarter 2021/22 that exceeded expectations, the Management of Hornbach Holding AG & Co. KGaA (ISIN DE0006083405) lifted the net sales and earnings forecast for the fiscal year 2021/22 today. Nevertheless, in view of the unpredictability of the further course of the Corona pandemic and the risks with regard to sales restrictions, there are still considerable uncertainties in the assessment of the Group's business performance for the remainder of the fiscal year.

The Management expects net sales and Group operating profit adjusted for non-operating earnings effects (adjusted EBIT) to be in the following ranges:

Adjusted outlook for
FY 2021/22
Previous outlook for
FY 2021/22
Growth of net sales 2% – 7% 1% – 5% (upper third)
Adjusted EBIT € 330m – € 380m € 290m – € 326m (upper third)

The preliminary, unaudited figures for the third quarter and the first 9 months 2021/22 are shown in the following table:

€m Q3 2021/22 Q3 2020/21 Change in % 9M 2021/22 9M 2020/21 Change in %
Net sales 1,400.8 1,371.0 2.2 4,693.2 4,503.1 4.2
Adjusted EBIT 55.9 66.9 (16.3) 393.1 401.5 (2.1)

The final financial results for the third quarter and the first 9 months 2021/22 will be published on December 22, 2021.

Explanations and reconciliations of the key financial figures used can be found on page 54 et seqq. of the Annual Report 2020/21 of the Hornbach Holding AG & Co. Group (available at http://www.hornbach-group.com/FinancialReports).

Datum:00.00.0000

Tags:rutrum, faucibus, dolor, auctor

Zeichen:0000

Wörter:000

Herunterladen

Contact person

Antje Kelbert
Head of Communications
and Investor Relations

T +49 (0) 6348-60-2444

F +49 (0) 6348-60-4299

antje.kelbert@hornbach.com

Share price

We use a third-party service to embed stock quotes and the stock chart. This service may collect data about your activities. Please accept to view this content.

Accept

News

  • Hornbach reports record results in 2021/22 – ongoing high demand in spring season 2022/23

  • Hornbach Baustoff Union expands outlet network in Saarland

Contact

Calendar

HORNBACH Holding
German Spring Conference (Equity Forum)
HORNBACH Baumarkt
Annual General Meeting HORNBACH Baumarkt AG

Mediaservices

Order service Newsletter

Media center