HORNBACH Baumarkt AG Announces Preliminary Consolidated Earnings Results for the Third Quarter and Nine Months of Fiscal 2019; Reiterates Sales Guidance for the Fiscal Year 2019
For the nine-months, sales growth was 4.7% to EUR 3,256 million.
The Board of Management is upholding its sales forecast 2018/19 without amendment. This provides for sales growth in a medium single-digit percentage range. It now rather expects adjusted operating earnings (adjusted EBIT) to fall more than 10% of the previous year's figure.