HORNBACH Maintains Leading Position with Strong Performance

HORNBACH Holding AG & Co. KGaA continues to impress with its robust performance, as highlighted in the latest research by Quirin Privatbank. The company has maintained its top position in sales productivity, not only within Germany but also across Europe. This achievement accompanies an increased market share, showcasing its competitive edge in the industry.

For the coming fiscal year, HORNBACH plans to enhance its capital expenditures beyond the previous year's EUR 220 million. The strategic focus remains on profitable growth, particularly through expansion in various European countries, allowing for higher margins. These plans reiterate the company's commitment to sustained development and financial success.

Quirin Privatbank has reaffirmed its 'Buy' recommendation for HORNBACH, setting a target price at EUR 110. This assessment reflects confidence in HORNBACH's ongoing growth trajectory and market performance.