Neustadt on the wine route: Hornbach starts strong into the year

in This way, Hornbach is with a view to the in February 2021 fiscal year ending more of a year-on-year (4.7 billion euros), roughly unchanged sales and a slight

Neustadt on the wine route: Hornbach starts strong into the year

in This way, Hornbach is with a view to the in February 2021 fiscal year ending more of a year-on-year (4.7 billion euros), roughly unchanged sales and a slightly lower year-on-year (227 million euros) underlying net income (Ebit).

In the first quarter, on the 31. May ended, jumped in sales, mainly due to the strong growth in the 160 construction and garden markets in the sub-group of the Hornbach Baumarkt AG 17.8 percent to 1.6 billion euros. The biggest sales increases were achieved in may 2020, with a plus of 34 percent, after all the markets were re-opened. The adjusted Ebit rose in the first quarter by 78% to 173 million euros. The final Figures for the first quarter of 2020/21 to on 26. June 2020 to be published.

dpa
Updated Date: 09 June 2020, 19:26

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