20.03.2019 HORNBACH Baumarkt AG  DE0006084403

DGAP-Adhoc: HORNBACH Baumarkt AG: Hornbach Baumarkt AG Group specifies earnings forecast for 2018/19: Adjusted EBIT around a quarter lower than previous year's figure


 

DGAP-Ad-hoc: HORNBACH Baumarkt AG / Key word(s): Preliminary Results
HORNBACH Baumarkt AG: Hornbach Baumarkt AG Group specifies earnings forecast for 2018/19: Adjusted EBIT around a quarter lower than previous year's figure

20-March-2019 / 19:37 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.



Hornbach Baumarkt AG Group specifies earnings forecast for 2018/19: Adjusted EBIT around a quarter lower than previous year's figure

Bornheim bei Landau, March 20, 2019.

The earnings forecast of the Hornbach Baumarkt AG Group for the past 2018/19 financial year (March 1, 2018 to February 28, 2019), which was updated on December 10, 2018, has now been specified in greater detail by the Board of Management within the current process of preparing the consolidated financial statements. Based on initial, preliminary, and unaudited figures, the company's operating earnings net of non-operating items (adjusted EBIT) are now expected to amount to around Euro 82 million (2017/18: Euro 110.0 million). This corresponds to a reduction of around 25 % (last forecast: "more than 10 %"). The reduction in earnings is due in particular to personnel and material expenses, which grew disproportionately compared with sales.

Based on preliminary figures, non-operating charges on earnings at the Hornbach Baumarkt AG Group in the 2018/19 financial year are expected to rise to a net total of around Euro 16 million (2017/18: Euro 7.5 million). This is mainly due to provisions for onerous contracts and IAS 36 impairments. Consolidated operating earnings (EBIT) including extraordinary non-operating earnings items are expected to fall by some 35 % to around Euro 66 million (2017/18: Euro 102.8 million).
 

Note: In its Trading Statement, due to be published on schedule on March 21, 2019, the Hornbach Group will report separately and in detail on its sales performance in the past 2018/19 financial year. The Hornbach Group will publish details of its earnings performance in 2018/19 and its outlook for the 2019/20 financial year at its Annual Results Press Conference on May 27, 2019.




Contact:
Axel Mueller
Group Communications and Investor Relations Director
HORNBACH Holding AG & Co. KGaA
Tel. +49 (0) 6348 602444
[email protected]

20-March-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: HORNBACH Baumarkt AG
Hornbachstraße
76878 Bornheim bei Landau/Pfalz
Germany
Phone: +49 (0)6348 / 60 00
Fax: +49 (0)6348 / 60 40 00
E-mail: [email protected]
Internet: www.hornbach.de
ISIN: DE0006084403
WKN: 608440
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange

 
End of Announcement DGAP News Service

789985  20-March-2019 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 3.890,70 4.095,54 4.428,04 5.116,94 5.496,09 5.843,00 5.780,00
EBITDA1,2 182,70 160,17 413,76 504,60 551,00 450,00 0,00
EBITDA-Marge3 4,70 3,91 9,34 9,86 10,03 7,70
EBIT1,4 102,49 67,15 163,93 258,60 289,26 188,60 0,00
EBIT-Marge5 2,63 1,64 3,70 5,05 5,26 3,23 0,00
Jahresüberschuss1 58,67 40,93 78,69 153,14 188,94 108,20 0,00
Netto-Marge6 1,51 1,00 1,78 2,99 3,44 1,85 0,00
Cashflow1,7 134,11 3,70 327,48 333,53 344,72 0,00 0,00
Ergebnis je Aktie8 1,84 1,29 2,47 4,82 5,94 3,40 2,70
Dividende8 0,68 0,68 0,68 0,90 0,90 0,90 0,68
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2021 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Deloitte

INVESTOR-INFORMATIONEN
©boersengefluester.de
Hornbach Baumarkt
WKN Kurs in € Einschätzung Börsenwert in Mio. €
608440 49,600 Halten 1.577,63
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
15,75 13,73 1,15 17,20
KBV KCV KUV EV/EBITDA
1,12 4,58 0,27 3,35
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,90 0,90 1,81 06.07.2023
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
- - - 22.05.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
3,35% 4,80% 4,86% -6,94%
    
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Handel , 608440 , HBM , HAM:HBM