Hornbach Holding AG & Co. KGaA: Hornbach optimistic after record results

Hornbach Holding AG & Co. KGaA: Hornbach optimistic after record results
DGAP-News: Hornbach Holding AG & Co. KGaA
/ Key word(s): Annual Report/Annual Results
27.05.2021 / 07:00
Hornbach optimistic after record results
Preliminary 2020/21 figures published in March now confirmed upon presentation of DIY Group's Annual Report:
- Strong customer demand drives consolidated sales up 15.4 % to Euro 5.5 billion
- Significant growth in online business
- Adjusted operating earnings (EBIT) rise 44 % to Euro 326 million
- Increased dividend announced for both shares
- Ongoing high demand at start of 2021/22 spring season
 
Bornheim/Pfalz, May 27, 2021. High demand for construction and DIY products during the coronavirus pandemic brought record results for the Hornbach Group (Hornbach Holding AG & Co. KGaA Group) in its 2020/21 financial year (March 1, 2020 to February 28, 2021). The dynamic sales performance continued in the first three months of the 2021/22 financial year, although in some countries the business performance was affected by strict restrictions on sales. Overall, the company aims to match the previous year's level of sales in the current year.

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