Member access

4-Traders Homepage  >  Shares  >  Xetra  >  Hornbach Holding AG    HBH3   DE0006083439

Real-time Quote. Real-time TRADEGATE AG - 12/19 10:01:54 pm
67.0350 EUR   +0.20%
08/28 HORNBACH : enhances Far East procurement channels
08/28HORNBACH HOLDIN : Opportune levels
07/11 HORNBACH HOLDIN : ex-dividend day for annual dividend
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Hornbach Holding AG : HORNBACH reduces forecast

11/28/2012 | 05:26am US/Eastern

Neustadt an der Weinstrasse/Bornheim bei Landau, November 27, 2012.
The Board of Management of HORNBACH HOLDING AG and the Board of Management of HORNBACH-Baumarkt-AG have updated the sales and earnings forecast for the current 2012/2013 financial year (March 1, 2012 to February 28, 2013) to account for the unfavorable macroeconomic framework in Europe. Full-year consolidated sales of HORNBACH HOLDING AG Group for 2012/2013 are now expected at around the previous year's figure of Euro 3.2 billion (HORNBACH-Baumarkt-AG subgroup: Euro 3.0 billion). Previously, the target was to generate sales growth in a low single-digit percentage range.

This more cautious assessment of the company's ongoing business performance is due to the deterioration in consumer confidence in the second half of 2012/2013. Given the weaker sales performance, the earnings forecast for the HORNBACH HOLDING AG Group and the HORNBACH-Baumarkt-AG subgroup has also been adjusted. Accordingly, the Board of Management now expects operating earnings (EBIT) for the 2012/2013 financial year to fall short of the record figure of Euro 169 million (HORNBACH-Baumarkt-AG subgroup: Euro 128 million) reported for the 2011/2012 financial year.

Further details will be released upon publication of the interim report for the first nine months of 2012/2013 on December 21, 2012 (

Axel Müller
Investor Relations
Tel. +49-6348-60 2444

distributed by
React to this article
08/28 HORNBACH : enhances Far East procurement channels
07/11 HORNBACH HOLDING AG : ex-dividend day for annual dividend
07/07 HORNBACH : Board of Management resolves share buyback to facilitate issue of sha..
06/26 HORNBACH : posts jump in first-quarter sales and earnings
06/23HORNBACH HOLDING AG : quaterly earnings release
05/27 HORNBACH : boosts earnings power and plans dividend increase
05/27 HORNBACH HORNBACH BOOSTS EARNINGS PO : Hornbach Holding AG: Hornbach boosts earn..
03/25 Kingfisher to reward shareholders after revamp pays off
03/25 HORNBACH : Kingfisher exits investment in Germany's Hornbach
03/20 HORNBACH : boosts sales by 4.3 percent to around Euro 3.4 billion
Duration : Period :
Hornbach Holding AG Technical Analysis Chart | HBH3 | DE0006083439 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes