Report

Hornbach Holding : Feedback from Frankfurt, Paris and Brussels roadshow

>Gross margin expected to bottom out thanks to expected price increases - We hosted a roadshow from 15 to 17 October with CEO Albrecht Hornbach and CFO Roland Pelka in Frankfurt, Paris and Brussels. One topic discussed at the meetings was the decline of Hornbach’s gross margin from 36.2% in Q2 2017-18 to 35.9% in Q2 2018-19, primarily attributable to rising purchase prices which could not fully be passed on to customers. However, the company expects competitors to rai...
Underlying
HORNBACH Holding AG & Co. KGaA

Hornbach Holding is engaged in the development and operation of do-it-yourself (DIY) megastores with garden centers on an international basis. In addition, Co. and its subsidiaries are engaged in the construction materials and builders' merchant business. Co. operates within two segments: retail business and its real estate business. As of Feb. 28, 2014, Co. was operating a total of 49 DIY megastores with garden centers in eight countries outside Germany.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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