HORNBACH Group reported that its second quarter net income before minority interests was 68.4 million euros compared to 80.8 million euros, a year ago. Adjusted EBIT was 110.5 million euros, down 7.2% from a year ago. The company said this was primarily driven by inflation-related salary adjustments and a slightly higher headcount due to upcoming store openings. Sales rose by 3.0% to 1.69 billion euros.
Half-year adjusted EBIT increased by 2.5% to EUR 272.2 million euros. Half-year net sales were up by 4.4% at 3.60 billion euros.
For the full year 2025/26, HORNBACH continues to expect sales at or slightly above the previous year's level, and adjusted EBIT at the level of the 2024/25 financial year.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.