Higher costs: HORNBACH sharing diminished: More profit warnings | = a message



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Collateral income fell before interest and taxes (EBIT) of HORNBACH Baumarkt sub-group came down a quarter to around 82 million euros a year. A small increase in sales of 5.3 per cent to 4.1 billion euro was greater than the rest.

For the parent company Hornbach Holding (HORNBACH), this also resulted in a 5.3 per cent increase in direct sales under 4.4 billion euros and a reduction in operating profit of almost 19 per cent to € 135 million. In early December, the company was named after a third quarter of a fiscal that continued to be a loss of more than 10 per cent.

The estimate of the interview with Bloomberg's news agencies was therefore lost. Great haunts supported from mid-January around 45 euros were indexed in Hornbach Holding, which is listed in the small SDAX index.

Hornbach wants details of the development and vision for the new year on 27 May. "The key aim is to look forward, to strengthen income again and again," said Chief Executive Albrecht Hornbach.

Profits leave Hornbach off

The unexpected reduction in profits at Hornbach Holding resulted in a decrease on Thursday. The parent company of the house building series of the same name had moved up to 11 per cent in early trade, before the interlinking of the picture was repeated. At the end of the year, they could limit their discount to 5.84 per cent and euro 45.95. Finally, the stock at 46.70 euros, a loss of 4.30 per cent.

As market makers stressed, the operating profit of the past has failed to meet market expectations. According to a seller, the consensus was just under 150 million euros, about 11 per cent higher. Staff costs and unwanted materials grew against the change, which placed pressure on the participant in the market.

Due to the first color, the Hornbach fellows fell first under the support of mid-January at about 44.50 euros. At the lower levels, 4345 euros meant the lowest rate for around 10 weeks, and risk from euros 40.10 was little since 2010. But recently, the support category has been reduced. back.

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Wells: HORNBACH Holding, Nessluop / Shutterstock.com

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