HORNBACH Holding reported higher sales for fiscal 2025/2026 and said adjusted earnings remained close to the prior-year level, indicating resilience despite a difficult retail backdrop. Management cited geopolitical uncertainty, higher costs and weak construction activity in Germany as headwinds. The update is modestly positive but tempered by ongoing pressure on the European DIY and building materials market.
HORNBACH Holding reported higher sales for fiscal 2025/2026 and said adjusted earnings remained close to the prior-year level, indicating resilience despite a difficult retail backdrop. Management cited geopolitical uncertainty, higher costs and weak construction activity in Germany as headwinds. The update is modestly positive but tempered by ongoing pressure on the European DIY and building materials market.
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mildly positive
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