Hornbach Holding Ag & Co. Kgaa · XETR:HBH

Hornbach Holding Ag & Co. Kgaa — Hornbach Hldg — Q2 2025 Earnings Presentation

16 slides from Hornbach Holding Ag & Co. Kgaa's earnings presentation, Sep 25, 2024

  1. Slide 1: Update Call Q2/6M 2024/25

    Update Call Q2/6M 2024/25 HORNBACH Holding AG & Co. KGaA Karin Dohm (CFO) September 25, 2024, 8:30 a.m. CEST Page 1 Investor Presentation | September 2024 ©HORNBACH Group 2024 20240925

  2. Slide 2: Disclaimer

    Disclaimer This document has been prepared by HORNBACH Holding AG & Co. KGaA (the “Company”, and together with its consolidated subsidiaries, the “HORNBACH Group”) solely for informational purposes. This disclaimer shall apply in all respects to the entire presentation, including any oral presentati

  3. Slide 3: Key Financials: Earnings significantly improved – FY outlook unchanged

    HORNBACH Group: 6M 2024/25 – Financial Update Key Financials: Earnings significantly improved – FY outlook unchanged Sales Gross Profit / margin Adj. EBIT / margin EPS € 3,455.8m € 1,201.9m 34.9% € 265.4m 7.7% € 10.78 Total sales: +0.1% (+4.8%) (+1.6pp) (+19.9%) (6.4%) (€ 7.83) LFL: +0.7% CAPEX Free

  4. Slide 4: Operational Update

    HORNBACH Group: 6M 2024/25 – Operational Update Operational Update Improving existing infrastructure and planning Euro Plant’s reusable plant trays are now new stores for the upcoming years. available at HORNBACH stores. ▪ Opening of extended Drive-Ins in Zaandam HORNBACH achieves top rankings ▪ HOR

  5. Slide 5: Net sales 6M 2024/25 in line with prior-year-period

    Consolidated net sales in € million Net sales 6M 2024/25 in line with prior-year-period – HORNBACH Baumarkt saw slight growth 6M net sales (Mar 1 – Aug 31) HORNBACH Baustoff Union HORNBACH Baumarkt AG Geographic sales split +5.2% -0.6% +0.1% HORNBACH Baumarkt +5.1% 3,463 3,441 3,446 3,292 3,131 227

  6. Slide 6: 6M 2024/25 like-for-like sales with positive development in majority of countries

    HORNBACH Baumarkt: Like-for-like sales growth in % 6M 2024/25 like-for-like sales with positive development in majority of countries ▪ Demand benefitted from better weather Like-for-like sales growth1) per quarter and half year in % conditions in most countries across Europe Q1 2023/24 Q2 2023/24 6M

  7. Slide 7: E-commerce share remains well above pre-Covid levels

    HORNBACH Baumarkt: Net sales in € million from online channels E-commerce share remains well above pre-Covid levels ▪ E-commerce share of HORNBACH Baumarkt E-Commerce share of net sales: sales (incl. Click & Collect) of 12.5% in 9.8% 13.2% 12.5% 6M 2024/25, comparable to Q1 figure ▪ Direct delivery

  8. Slide 8: HORNBACH Baumarkt – Positive market share development

    Market share calendar year: Jan – Jul 2024 in % HORNBACH Baumarkt – Positive market share development Market share 2024 in key countries ▪ HORNBACH has a clear focus on growing its Market share of HORNBACH Baumarkt January – July 2024 in % (GfK) market share (GfK) in a highly competitive environment

  9. Slide 9: Gross margin significantly up from prior-year-period – cost structure further improved

    Cost structure and gross profit in € million and in % of net sales Gross margin significantly up from prior-year-period – cost structure further improved +4.8% ▪ Gross margin improved significantly to 34.9% reflecting normalized core commodity -0.7% prices and healthier product mix – 955 948 gross p

  10. Slide 10: Adjusted EBIT substantially increased by 19.9%

    Adjusted EBIT1) in € million and adjusted EBIT margin in % Adjusted EBIT substantially increased by 19.9% ▪ Group adjusted EBIT significantly Adjusted EBIT and adjusted EBIT margin 6M: increased due to improved gross profit 6.4% 7.7% (+4.8%) and strict cost discipline ▪ Prior year adjustments were m

  11. Slide 11: Free cash flow reflects successful spring season

    Cash flow in € million Free cash flow reflects successful spring season 6M 2023/24 6M 2024/25 ▪ Cash flow from operating activities substantially increased due to strong Q1 Cash flow from operating activities 122.6 193.8 ▪ Change in working capital predominantly of which: change in working capital (

  12. Slide 12: Strong balance sheet structure

    Balance sheet in € million Strong balance sheet structure Assets Equity & Liabilities ▪ Inventories stabilized after successful inventory reductions in 4,447 4,459 4,447 4,459 2023/24 370 408 Liquid funds ▪ Net financial debt slightly below 1,061 940 Current liabilities February 2024 level Inventori

  13. Slide 13: Pursuing long-term opportunities while navigating current challenges

    Strategic focus Pursuing long-term opportunities while navigating current challenges ▪ Sustain price leadership and remain a reliable partner to our customers ▪ Continue to invest in our ICR strategy and the digitalization of our business to maintain strong market positions ▪ Further improve efficie

  14. Slide 14: Q&A

    Q&A Page 14 Investor Presentation | September 2024 ©HORNBACH Group 2024

  15. Slide 15: Upcoming events & IR contact

    Upcoming events & IR contact Financial Calendar Investor Relations Contact Antje Kelbert (+49) 0 63 48 / 60-2444 September 25, 2024 Baader Investment Conference, Munich antje.kelbert@hornbach.com October 15, 2024 Quirin SME Conference, Paris Anne Spies October 16, 2024 Advantage Family Office Capita

  16. Slide 16: Page 16 Investor Presentation | September 2024 ©HORNBACH Group 2024

    Page 16 Investor Presentation | September 2024 ©HORNBACH Group 2024

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