trending Market Intelligence /marketintelligence/en/news-insights/trending/-OU_kXhaZBGR-9d6VomoQQ2 content esgSubNav
In This List

Hornbach Holding fiscal Q1 profit climbs 84.3% YOY

Blog

Corporate Credit Risk Trends in Developing Markets An Expected Credit Loss ECL Perspective

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Corporate Credit Risk Trends in Developing Markets: A Loss Given Default (LGD) Perspective

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow


Hornbach Holding fiscal Q1 profit climbs 84.3% YOY

Hornbach Holding AG & Co. KGaA said its normalized net income for the fiscal first quarter ended May 31 amounted to €2.36 per share, an increase of 84.3% from €1.28 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €37.8 million, a gain of 84.3% from €20.5 million in the prior-year period.

The normalized profit margin rose to 3.7% from 2.3% in the year-earlier period.

Total revenue climbed 16.0% on an annual basis to €1.04 billion from €892.0 million, and total operating expenses grew 12.6% on an annual basis to €948.3 million from €841.9 million.

Reported net income rose 71.6% from the prior-year period to €44.1 million, or €2.76 per share, from €25.7 million, or €1.61 per share.