HORNBACH Group (HBAPF.PK) reported that its first quarter consolidated net income before minority interests was 100.0 million euros, up 40.8% from a year ago. Adjusted EBIT was up significantly by 33.8% to 146.4 million euros. Earnings per share increased to 5.96 euros from 4.15 euros.
First quarter consolidated net sales increased by 1.8% to 1.81 billion euros as good weather in March and April partly outweighed the continued effects of customer caution regarding big-ticket and discretionary categories.
The Group continues to expect net sales in fiscal 2024/25 slightly above the previous year's level, and adjusted EBIT at or slightly above the level of the 2023/24 financial year.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.