HORNBACH Holding AG & Co. KGaA / DE0006083405

FY 2024/25 preliminary figures reflect a strong spring season 2024 in combination with a consistent performance throughout the full financial year Consolidated Group sales rose slightly (+0.6%) above previous year’s level, driven specifically by a +1.2% growth of HORNBACH Baumarkt AG, fostered by higher customer frequency Gross margin positively influenced by reduction of core commodity prices as well as stable price environment HORNBACH successfully continued to further increase market share in Germany as well as in other European key markets such as the Netherlands, Czechia and Switzerland Adjusted Group operating earnings (adj. EBIT) improved, summing up at EUR 270 million (+6.0%; based on preliminary figures)   Table 1: Key figures HORNBACH Holding AG & Co. KGaA Group

(in EUR million, unless otherwise stated)	FY 2024/25	FY 2023/24	± in %
Net sales	6,200	6,161	0.6
of which HORNBACH Baumarkt AG subgroup	5,847	5,780	1.2
- Germany	2,784	2,787	(0.1)
- Other European countries	3,063	2,993	2.4
of which HORNBACH Baustoff Union GmbH subgroup	357	381	(6.2)
Adjusted EBIT1)	270	254	6.0
Number of HORNBACH Baumarkt stores2)	172	171	0.6
Sales areas (HORNBACH Baumarkt) as per BHB (000 sqm)3)	2,064	2,051	0.6
Number of HORNBACH Baustoff Union outlets	39	39	0.0
Total workforce of HORNBACH Group4)	25,329	24,783	2.2

1) adjusted to exclude non-operating income and expenses
2) of which 170 HORNBACH home improvement stores with garden centers and two BODENHAUS outlets
3) Sales area BHB: Closed building (warm or cold): 100%; covered open space (cold): 50%; building material drive-in (cold): 50%; non-covered open space (cold): 25%
4) number of employees, including passive employment relationships, at balance sheet date on February 28/29
Rounding up or down may lead to discrepancies between percentages and totals. Percentage figures calculated on basis of Euro 000s.   Bornheim (Palatinate), Germany, March 25, 2025. HORNBACH Group (HORNBACH Holding AG & Co. KGaA; ISIN: DE0006083405) delivered strong preliminary figures for the financial year 2024/25 (March 1, 2024 to February 28, 2025). Consolidated net sales of the Group were slightly above the previous year at EUR 6,200 million (+0.6%). A higher gross margin throughout the full financial year was positively influenced by a reduction of core commodity prices as well as a stable price environment, and drove solid gross profit. As a result, HORNBACH Group’s adjusted EBIT for FY 2024/25 is expected at approx. EUR 270 million (2023/24: EUR 254 million). "We are pleased with the solid results achieved in the past financial year. Despite dampened customer sentiment, particularly in Germany, we successfully developed our business. Thus, we were able to increase market share in Germany as well as in other European key markets. The 1.2% rise in customer frequency in combination with a stable average basket size underscores our role as a trusted partner for home improvement endeavors and projects. We were able to stabilize our Group sales on a high level and increased our adjusted EBIT by 6.0%,” said Albrecht Hornbach, CEO of HORNBACH Management AG. Erich Harsch, CEO of HORNBACH Baumarkt AG, added: “Our dedicated employees have worked tirelessly to ensure such a positive performance over the course of the financial year. We used the financial year 2024/25 to position ourselves for future opportunities. In February 2025, we reopened our newly built market in Nuremberg, Germany. Four additional openings in Germany, Austria, and Romania will follow in the coming months – starting with the opening of our new store in Duisburg tomorrow, March 26, 2025. In addition to investments into our existing and expanded physical store network, we also invested into our IT infrastructure and will continue to do so, enhancing our ability to best cater to our customers and their project needs.”   Table 2: Like-for-like sales performance5) HORNBACH Baumarkt AG subgroup (in %)

	Q1	Q2	Q3	Q4	FY
Total: 2024/25	2.5	(1.2)	2.0	1.3	1.1
Total: 2023/24	(3.2)	1.0	(4.3)	(1.3)	(2.0)
Germany: 2024/25	2.9	(2.2)	0.2	(1.5)	0.0
Germany: 2023/24	(5.7)	0.3	(5.0)	(1.6)	(3.1)
Other Europe: 2024/25	2.1	(0.3)	3.7	3.8	2.2
Other Europe: 2023/24	(0.8)	1.6	(3.6)	(1.1)	(0.9)

5) in constant currencies; includes sales from all stores that have been open for at least one year as well as sales from online shop   HORNBACH Baumarkt grows sales substantially outside Germany Net sales at the largest operating subgroup, HORNBACH Baumarkt, stood above the previous year’s level (+1.2%) at EUR 5,847 million (2023/24: EUR 5,780 million). On a like-for-like basis and exchange rate adjusted, sales in the subgroup increased by +1.1% (see table 2). HORNBACH Baumarkt’s sales efficiency6) at EUR 2,849 (2023/24: EUR 2,823) per square meter remains well ahead of competition. In Germany, net sales of HORNBACH Baumarkt remained stable at EUR 2,784 million (2023/24: EUR 2,787 million), while net sales outside of Germany grew by 2.4% to EUR 3,063 million (2023/24: EUR 2,993 million). In total, the international share of sales of HORNBACH Baumarkt subgroup further rose from 51.8% to 52.4%. Online sales (including Click & Collect) remain an established key pillar of the Group’s value creation and accounted for 12.3% of HORNBACH Baumarkt subgroup’s total sales in FY 2024/25 (2023/24: 12.7%). Compared with the previous year’s period, online sales y-o-y declined slightly by 1.7% to EUR 720 million in FY 2024/25. In the 2024 calendar year, HORNBACH Baumarkt grew its market shares (GfK7)) successfully to 15.2% in Germany (2023: 14.9%), to 28.1% in the Netherlands (2023: 27.1%), to 37.7% in Czechia (2023: 36.2%), and to 14.3% in Switzerland (2023: 13.9%). In Austria, HORNBACH maintained its market share on a high level at 17.3%. As of February 28, 2025, HORNBACH Baumarkt AG operated a total of 172 stores as well as online shops in nine European countries. In Germany, the stationary network includes 97 (previous year: 96) home improvement megastores with garden centers, as well as two Bodenhaus specialist flooring stores (previous year: two). In February 2025 a newly built store at an existing location reopened in Nürnberg (Germany). In the eight other European countries the subgroup operates 73 home improvement megastores with garden centers (previous year: 73). The HORNBACH Baustoff Union GmbH subgroup, which contributed approx. 6% to the Group’s total sales, saw a decline in net sales by 6.2% to EUR 357 million in the 2024/25 financial year (previous year: EUR 381 million). This development was driven by the weak development in the overall German construction industry and the subdued demand for building materials. As of February 28, 2025, the subgroup operated 39 builders’ merchant outlets including 37 locations in south-western Germany and two locations close to the German border in France (Grand Est). 6) Weighted net sales per sqm based on sales area BHB: Closed building (warm or cold): 100%; covered open space (cold): 50 %; building material drive-in (cold): 50 %; non-covered open space (cold): 25 %.)
7) GfK definition: DIY stores bigger than 1,000 sqm; Data available for Germany, Netherlands, Austria, Switzerland and Czechia   Adjusted EBIT of HORNBACH Group successfully grown to approx. EUR 270 million in line with guidance With approx. EUR 270 million the adjusted EBIT of HORNBACH Group in FY 2024/25 came in 6.0% above the previous year’s level (2023/24: EUR 254 million). Adjusted EBIT growth reflects an improved gross margin and management’s focus on costs. Sales and earnings figures in this release are preliminary and unaudited. Details of the earnings performance and annual financial statements for 2024/25, as well as the sales and earnings guidance for the 2025/26 financial year, will be published on May 21, 2025. A financial press conference and analysts' conference are also planned for that day. Explanations and reconciliations of the key financial figures used can be found on our website.   About HORNBACH Group HORNBACH Group is an independent, family-run retail group under the umbrella of HORNBACH Holding AG & Co. KGaA, which is listed on the Frankfurt Stock Exchange and represented in the SDAX. The largest subsidiary, HORNBACH Baumarkt AG, operates 172 home improvement megastores with garden centers (incl. specialist stores) and online shops in nine European countries. The Group also includes HORNBACH Baustoff Union, a regional builders' merchant company with 39 locations in southwestern Germany and France, as well as HORNBACH Immobilien AG, which develops retail real estate for the Group. In the financial year 2024/25 (reporting date: February 28, 2025), the HORNBACH Group generated net sales of EUR 6.2 billion, making it one of the five largest home improvement and garden retail companies in Europe. The Group has a workforce of around 25,000 employees.  

Press and Investor Relations contacts
Antje Kelbert Head of Investor Relations Phone: +49 (0) 6348 / 60 2444 antje.kelbert@hornbach.com   Christian Grether Head of Public Relations Phone: +49 (0) 6348 / 60 2571 christian.grether@hornbach.com	Anne Spies Senior Investor Relations Manager Phone: +49 (0) 6348 / 60 4558 anne.spies@hornbach.com   Maximilian Franz Investor Relations Manager Phone: +49 (0) 6348 / 60 2071 maximilian.franz@hornbach.com

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