20.03.2019 Hornbach Holding AG & Co. KGaA  DE0006083405

DGAP-Adhoc: Hornbach Holding AG & Co. KGaA: Hornbach Group specifies earnings forecast for 2018/19: Adjusted EBIT around 19 % lower than previous year's figure


 

DGAP-Ad-hoc: Hornbach Holding AG & Co. KGaA / Key word(s): Preliminary Results
Hornbach Holding AG & Co. KGaA: Hornbach Group specifies earnings forecast for 2018/19: Adjusted EBIT around 19 % lower than previous year's figure

20-March-2019 / 19:48 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 Group specifies earnings forecast for 2018/19:
Adjusted EBIT around 19 % lower than previous year's figure

Neustadt an der Weinstrasse, March 20, 2019.

The earnings forecast of the Hornbach Holding AG & Co. KGaA 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 Hornbach Group's operating earnings net of non-operating items (adjusted EBIT) are now expected to amount to around Euro 135 million (2017/18: Euro 165.6 million). This corresponds to a reduction of around 19 % (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 Group in the 2018/19 financial year are expected to rise significantly to a net total of around Euro 15 million (2017/18: Euro 4.5 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 26 % to just under Euro 120 million (2017/18: Euro 161.2 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.
Archive at www.dgap.de


Language: English
Company: Hornbach Holding AG & Co. KGaA
Le Quartier Hornbach 19
67433 Neustadt an der Weinstraße
Germany
ISIN: DE0006083405
WKN: 608340
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange

 
End of Announcement DGAP News Service

790003  20-March-2019 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 3.755,23 3.940,85 4.140,99 4.362,39 4.729,22 5.456,18 5.480,00
EBITDA1,2 231,40 254,28 262,70 235,73 419,80 516,30 520,00
EBITDA-Marge3 6,16 6,45 6,34 5,40 8,88 9,46 9,49
EBIT1,4 137,51 156,82 161,17 120,60 213,80 311,89 328,00
EBIT-Marge5 3,66 3,98 3,89 2,76 4,52 5,72 5,99
Jahresüberschuss1 97,69 89,91 95,75 75,14 123,34 201,44 178,00
Netto-Marge6 2,60 2,28 2,31 1,72 2,61 3,69 3,25
Cashflow1,7 151,55 178,72 182,20 54,02 324,45 346,50 310,00
Ergebnis je Aktie8 5,04 4,84 5,11 4,08 6,56 10,33 8,90
Dividende8 1,50 1,50 1,50 1,50 1,50 2,00 2,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - 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 Holding
WKN Kurs in € Einschätzung Börsenwert in Mio. €
608340 110,700 Kaufen 1.771,20
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
13,34 11,80 1,14 18,82
KBV KCV KUV EV/EBITDA
1,23 5,11 0,32 4,04
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
Hauptversammlung
2,00 2,00 1,81 08.07.2022
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
29.06.2022 30.09.2021 22.12.2021 17.05.2022
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
3,34% 18,57% 40,66% 21,92%
    
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Handel , 608340 , HBH , XETR:HBH