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Factbook Q3/9M 2019/20 Page 1©HORNBACH Group 2020
FactbookQ3/9M 2019/20 + Trading Statement
Factbook Q3/9M 2019/20 Page 2©HORNBACH Group 2020
DIY retailer with three different business segments
▪ DIY megastores in 9 European countries and online shops focused on
retail with DIY, garden and home improvement products for private
and professional clients (HORNBACH Baumarkt AG subgroup)
▪ Builders’ merchant outlets in south-west Germany and France selling
construction materials to professional clients
(Hornbach Baustoff Union GmbH subgroup)
▪ Retail property development for the operating units
(Hornbach Immobilien AG subgroup)
48%46%
6% HORNBACH Baumarkt AG
[Germany]
HORNBACH Baumarkt AG
[International]
HORNBACH Baustoff Union
GmbH
Sales split FY 2019/20
Factbook Q3/9M 2019/20 Page 3©HORNBACH Group 2020
cHORNBACH
Baustoff Union
GmbH3)
Neustadt/Weinstraße
Not listed
HORNBACH
Immobilien AG3)
Bornheim
Not listed
HORNBACH Baumarkt AG3)
Bornheim
Listed Ordinary Shares²)
(ISIN DE0006084403)
76.4% 100%100%
Free FloatHornbach Familien
Treuhand GmbH
HORNBACH
Management AG
(General Partner)
Management
100%
HORNBACH Holding AG & Co. KGaANeustadt/Weinstraße
Listed Ordinary Shares1)
(ISIN DE0006083405)
Free Float
23.6%
62.5% 37.5%
Two publicly listed corporationsSi
nce
Mar
ch 2
8, 2
017
1) Number of shares: 16,000,000 / Stock market code: HBH
2) Number of shares: 31,807,000 / Stock market code: HBM
3) plus other subsidiary companiesin Germany and abroad
Factbook Q3/9M 2019/20 Page 4©HORNBACH Group 2020
From a small craftsman business to a European DIY Group
Foundation of handicraft business
1st DIY store with garden center Bornheim
1st DIY megastore Karlsruhe
Going public HORNBACH Holding AG
Start online shop Germany
Going public HORNBACH Baumarkt AG
Change in legal form ofHORNBACH Holding AG in „KGaA“
1st DIY store with drive-through
Emission Eurobond (3.875%)
Emission Eurobond (6.125%)
Emission Eurobond (3.250%)
1877
1968
1980
1987
2010
1993
2013
2003
2015
2019
2004
1996
1999
Foundation of HORNBACH Baustoff Union
Start of international expansion Austria
Factbook Q3/9M 2019/20 Page 5©HORNBACH Group 2020
Sales Growth since 1987/88
1987/88 1991/92 1995/96 1999/2000 2003/04 2007/08 2011/12 2015/16 2019/20
HORNBACH Baumarkt [Germany] HORNBACH Baumarkt [International]
HORNBACH Baustoff Union
FY 1987/88:
€ 132 million net sales
FY 2019/20:
€ 4,729 million net sales
CAGR ~12%
Expansion Stationary Online
Germany 1968 2010
Austria 1996 2013
Netherlands 1997 2015
Luxembourg 1998 2015
Czech Republic 1998 2015
Switzerland 2002 2014
Sweden 2003 2017
Slovakia 2004 2017
Romania 2007 2018
Factbook Q3/9M 2019/20 Page 6©HORNBACH Group 2020
160 DIY megastores and garden centers across Europe+ 33 builders merchant outlets
Stat
us:
Febr
uary
29, 2
020
Germany96 stores
1,052,590 sqm
Netherlands15 stores
192,200 sqm
Luxembourg1 store
12,090 sqm
Switzerland7 stores
89,990 sqm
Austria14 stores
168,870 sqm
Sweden7 stores
86,100 sqm
Czech Republic10 stores
140,880 sqm Slovakia4 stores
58,250 sqm
Romania 6 stores
87,580 sqm
32 x
2 x
34 Builders
merchant outlets
sales area
1.89 Mio. sqm
store size:
Ø 11,800 sqm
160 DIY megastores
+ 9 Online Shops
Neunkirchen –
closed as of 31.08.2019
Kristianstad (since 18.9.2019)
Prešov (since
11.9.2019)
Duiven (since 29.01.2020)
Factbook Q3/9M 2019/20 Page 7©HORNBACH Group 2020
The top address for DIY project customers and professionals
▪ Expert advisors with
project competence
▪ In-store services, e.g.
Tradesman service,
rental service,
financing, repairs
▪ Centralized customer
service
▪ Digital planning tools
for DIY projects
▪ Broad and deep
product range:
More than 50,000
articles stocked in
sufficient quantities at
stores
▪ Extended product
range at online shop
(up to 200,000 SKUs)
▪ Price leadership across
all channels
▪ Organic growth
▪ Focus on attractive big catchment areas
▪ Homogeneous storenetwork: Economies of scale in store operation
▪ Superior shoppingexperience forcustomers
▪ Productivity per sqmabove sector average
Large store formatin prime locations
Interconnected Retail combining stationaryand online business
Competence in DIY assortment and priceleadership
Professional advice and services for all aspects of DIY projects
▪ E-commerce in all HORNBACH regions
▪ Identical prices in store and online shop
▪ All touchpoints alongside customer journey:
▪ Click & collect at store▪ Direct delivery to home /
building site▪ Delivery to store▪ Product availability and
location within store …
Factbook Q3/9M 2019/20 Page 8©HORNBACH Group 2020
Evolution of Interconnected Retail
Germanysince December 2010
201,000 SKU
Luxembourgsince December 2015
160,000 SKU
Netherlandssince March 2015
98,000 SKU
Switzerlandsince November 2014
129,000 SKU
Swedensince October 2017
58,000 SKU
Czech Republicsince December 2015
66,000 SKU
Austriasince January 2013
144,000 SKU
Slovakiasince August 2017
51,000 SKU
Romaniasince January 2018
55,000 SKU
2010 2013 2014 2015 2017 2018
▪ Extended product range in all HORNBACH regions
▪ New online configurators for customized products
(paint, kitchen counters, doors, windows, shower
cabins, picture frames etc.)
▪ Extended use of virtual reality in bathroom
planning
▪ Self-Scan rolled out at further locations
▪ Introduction of stationary image recognition
devices at selected locations
Factbook Q3/9M 2019/20 Page 9©HORNBACH Group 2020
▪ Private labels differentiate us from competitors
and boost customer retention
▪ High priority to responsible procurement,
sustainable product features, and
environmentally compatible product packaging
and disposal.
▪ Less dependency on manufacturers’ brands for
innovation and quality (specification,
certifications, auditing)
▪ Full control over brand launch and positioning
▪ Ability to actively manage product lifecycle
▪ Significantly higher gross margins while offering
very good value for money
▪ No direct price competition
21,9% 23,4% 24,0% 24,1%
30,0%
2016/17 2017/18 2018/19 2019/20 medium-term
target
Share of Sales
Private labels offer added value
Factbook Q3/9M 2019/20 Page 10©HORNBACH Group 2020
▪ Soltau (56,000 sqm)2012 Central WH
2017 Extension
▪ Lehrte (51,500 sqm)1994 Regional WH
1999 Extension cross-docking
2005 Extension regional WH
2016 Extension cross docking
and regional WH
▪ Castrop-Rauxel (11,400 sqm)2015 Cross-docking
▪ 7 logistics sites for store delivery
▪ 115,000 storage spaces
▪ 206,000 sqm warehouse space
B2C delivery
▪ Lorsch (24,700 sqm)2015 Regional WH & Cross Docking
▪ Essingen (26,900 sqm)1999 Regional WH & Cross Docking
▪ Vilshofen (30,300 sqm)2005 Regional WH & Cross Docking
2018 Extension Cross Docking
▪ Enzersdorf a/d Fischa (5,200 sqm)2018 Cross-docking bulk
B2B delivery
▪ Click and Collect in store
▪ Pick-up of online orders in store
Dropshipping
Fulfillment Partner
HORNBACH
Delivery Center
Pick-up store Home Delivery
Fulfillment Centre
Supplier
Efficient logistics network
Factbook Q3/9M 2019/20 Page 11©HORNBACH Group 2020
43
50
65
Property HORNBACH Immobilien Subgroup
Property HORNBACH Baumarkt Subgroup
Finance Lease
Sales area in %No. of stores
Stat
us:
Mar
ch 1
, 201
9
Property ownership and hidden reserves
27%
32%
41%
Hidden reserves in retail properties1)
FY 2018/19
(€ million)
Book
valueYield value
(x13)2)
Hidden
reserves
(x13)2)
HORNBACH
Baumarkt
Subgroup
733 1,052 319
HORNBACH
Immobilien
Subgroup
403 790 387
HORNBACH Group 1,136 1,842 706
1) based on our own assumptions and calculations
2) Long-term average; in the past 3 years HORNBACH stores have been sold by third parties with multiples between 15 and 23
Factbook Q3/9M 2019/20 Page 12©HORNBACH Group 2020
Responsible Management
Employees: Happy employees
for happy customers
Services: Assistance & Disposal
Product range: Origin – Product
features – Packaging
Energy & Resources in our
own operations
CSR Policy
1. Equal opportunities in selecting and
promoting our employees.
2. Minimum requirements in our suppliers’
production sites.
3. Flawless quality of our products.
4. Enhancing our product range to account
for sustainability.
5. Recycling and waste avoidance in our
business operations.
Factbook Q3/9M 2019/20 Page 13©HORNBACH Group 2020
Sustainability reporting
Material Non-Financial Aspects (§289c HGB)
1. Product range and customer information
2. Responsible procurement
3. Product responsibility
4. Employee satisfaction
5. Employee recruitment
6. Employee development and retention
7. Compliance
HORNBACH Sustainability Magazine
▪ Addresses corporate issues
beyond the legal framework
▪ Published in addition to the non-
financial declaration
Factbook Q3/9M 2019/20 Page 14©HORNBACH Group 2020
Market position
Factbook Q3/9M 2019/20 Page 15©HORNBACH Group 2020
[Source: Dähne, HORNBACH]
Top 10 Ranking: European DIY Retail Groups (2019)HORNBACH Baumarkt Subgroup
19.7871)
13.690
6.860 5.8444.428
3.1181)2.7501) 2.650 2.335 2.299
Adeo Kingfisher Tengelmann (OBI) Bauhaus HORNBACH Les Mousquetaires XL-BYG(G) Nordic Hagebau REWE (Toom/ B1) Stark Group
Sales (net) in million €
Aki, Bricocenter,
Bricoman, Bricomart,
Dom Pro, Khane, Leroy
Merlin, Weldom,, Zodio
Bricodepot, B&Q,
Castorama, Koctas,
Kingfisher, Praktiker,
Screwfix
Hagebau, Cactus,
Werkers Welt,
Knauber, Leitermann
Toom, B1 Discount
RO RO AT
CH
CZ
DE
SK
AT
CH
CZ
DE
LU
NL
SE
SK
AT
CH
CZ
DE
LU
NL
RO
SE
SK
SE DE
Presence of competitors in HORNBACH regions
AT
DE
LU
SE
DE2)
Beijer Byggmaterial,
Neumann Bygg, STARK
# 5 in Europe
# 3 in Germany
Bricomarché,
Bricorama, Brico
Cash
XL-BYG (DK), XL-
BYGG (SE),
Mestergruppen (NO)
1) Net sales in 20182) Acqusition of Saint-Gobain Building Distribution Deutschland GmbH in October 2019; not included in sales figures for 2018/19
Factbook Q3/9M 2019/20 Page 16©HORNBACH Group 2020
23.647.5
16.7
7.2
DIY stores Specialist retailers Small scale formats Total DIY core market
HORNBACH market share in Germany (2019) HORNBACH Baumarkt Subgroup
of which online:
~ 410 € million
of which online:
~ 260 € million
[Source: BHB, GfK, IFH , Teipel Retail & Consulting, HORNBACH]
of which online:
~1.52 € million
HORNBACH
▪ Market share stationary: 11.3%▪ Market share online: ~30%
Core DIY market volume in Germany in 2019Gross Sales in € billion
Market share HORNBACH (10 years)
of which online:
~ 850 € million
22,223,2 23,1
22,521,3
21,8 22,1 22,422,8
23,6
8,8% 8,9% 9,0% 9,7%11,0% 11,0% 11,0% 11,0% 11,1% 11,3%
0
0,05
0,1
0,15
0,2
0,25
0,3
0,35
0,4
0,45
0,5
0
5
10
15
20
25
30
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Gross sales HORNBACH Core DIY market volume (in bn €)
Market share HORNBACH
Factbook Q3/9M 2019/20 Page 17©HORNBACH Group 2020
1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
1998
= 1
00%
DIY-Branche (DE) HORNBACH (DE)
Growth above the sector averageHORNBACH Baumarkt Subgroup
Like-for-like sales in Germany
[Source: BHB/GfK DIY-Panel (bis 2013), GfK DIY-TSR (ab 2014), HORNBACH]
+47%
-6%
Insolvency of
Praktiker/Max Bahr
Start
HORNBACH
Online Shop
VAT rise from
16% to 19%
Factbook Q3/9M 2019/20 Page 18©HORNBACH Group 2020
Highest productivity in the German DIY Sector (2019)HORNBACH Baumarkt Subgroup
OBI
BAUHAUSHORNBACH
HAGEBAU/ZEUS
TOOM
EUROBAUSTOFF
GLOBUS
BAUVISTA
HELLWEG
0
2000
4000
6000
8000
10000
12000
14000
16000
500 1.000 1.500 2.000 2.500
Aver
age
stor
e si
ze (
in s
qm)
Net sales per sqm
Megastore
Sales per sqm (€)
1.369
1.741
2.345
1.139 1.101
1.915
10,3
21,3
27,7
4,97,3
17,0
Sales per store (€ million)
[Source: Dähne, HORNBACH]
Factbook Q3/9M 2019/20 Page 19©HORNBACH Group 2020
2,0
2,1
2,2
2,3
2,4
2,5
2015 2016 2017 2018 2019
HORNBACH
Globus
Bauhaus
Hagebau
Obi
High customer satisfactionHORNBACH Baumarkt Subgroup
Development of overall customer satisfaction
according to “Kundenmonitor Deutschland”
Overall positions of HORNBACH in Europe
2015 2016 2017 2018 2019
Overall
statisfaction2 1 2 2 1
Overall
statisfaction3 3 2 2 4
Overall
statisfaction2 1 1 1 1
Overall score 1 1 1 1 1
Satisfaction
index (NKI)1 1 1 1 1
Average score for overall customer satisfaction for vendors with a minimum of 100
respondents measured on a scale from „completely satisfied“ (=1) to „not satisfied“ (=5)
Factbook Q3/9M 2019/20 Page 20©HORNBACH Group 2020
Positions in selected categories in 2019HORNBACH Baumarkt Subgroup
Sources: Kundenmonitor Germany/Austria/Switzerland, ABN AMRO Retailer of the Year (Netherlands), Svenskt Kvalitetsindex/evimetrix (Sweden)
(Statements based on studies in Germany, Switzerland, Austria, Netherlands, Sweden. No information collected for Czech Republic, Romania, Slovakia,
Luxembourg)
Assortment,
choice,
product range
Product
quality
Prices / value
for money
Specialist
advice
Recommen-
dation intent
Number of
vendors
evaluated
1 1 1 2 1 8
2 4 3 3 2 7
1 3 1 3 1 5
1 3 1 3 1 6
1 2 2 2 1 5
Other Awards
DIY Retailer of the Year in
Germany, Austria, Switzerland,
Netherlands
Webshop Award in the
Netherlands and Switzerland
Factbook Q3/9M 2019/20 Page 21©HORNBACH Group 2020
Sales FY 2019/20
Factbook Q3/9M 2019/20 Page 22©HORNBACH Group 2020
Sales Growth – 5 Years€
mill
ion
Rounding differences
218 229 248 265 299
1.5241.670
1.8201.977
2.183
2.0112.040
2.0712.118
2.245
2015/16 2016/17 2017/18 2018/19 2019/20
Hornbach Baustoff Union HORNBACH Baumarkt AG [International] HORNBACH Baumarkt AG [Germany]
3,7553,941
4,1414,362
+10.4%
+6.0%
+8.4%
+13.2%
4,729
Factbook Q3/9M 2019/20 Page 23©HORNBACH Group 2020
11621088
1006
840
12611184
1055
929
Q 1 Q 2 Q 3 Q4
2018/19 2019/20
12271163
1085
887
13381268
1139
984
Q 1 Q 2 Q 3 Q 4
2018/19 2019/20
HORNBACH Group HORNBACH Baumarkt Subgroup
Sales growth per quarter
+9.1% +9.0% +5.0% +10.9% +8.5% +8.9% +4.8% +10.6%
Factbook Q3/9M 2019/20 Page 24©HORNBACH Group 2020
Like-for-like Sales*HORNBACH Baumarkt Subgroup
* In constant currencies; includes sales from all stores that have been open for at least one year as well as sales from online shops
Q1
2019/20
Q2
2019/20
Q3
2019/20
Q4
2019/20
FY
2019/20
Total 7.8 8.8 4.6 9.7 7.7
Previous year 2.3 3.4 6.2 5.9 4.2
Germany 6.9 8.0 3.3 7.9 6.5
Previous year -0.2 1.2 4.4 4.7 2.2
International 8.7 9.6 5.9 11.6 8.9
Previous year 5.2 5.8 8.2 7.1 6.5
Factbook Q3/9M 2019/20 Page 25©HORNBACH Group 2020
Employees*
12.129 12.081
8.926 9.424
February 28, 2019 February 29, 2020
Germany International
21,50521,055
*incl. passive employees
HORNBACH Group HORNBACH Baumarkt Subgroup
11.225 11.043
8.893 9.395
February 28, 2019 February 29, 2020
Germany International
20,43820,118
Factbook Q3/9M 2019/20 Page 26©HORNBACH Group 2020
Q3 / 9M 2019/20
Factbook Q3/9M 2019/20 Page 27©HORNBACH Group 2020
Highlights 9M 2019/20HORNBACH Group
▪ Group sales +7.8% (HBM +7.5%)
▪ Like-for-like sales growth (DIY) +7.1%
▪ Germany +6.2%
▪ International +8.1%
▪ Earnings are rising significantly faster than sales
▪ Adjusted EBIT increases by 33.0% (+ € 59.6 million) to € 240.2 million
▪ thereof: operative improvement: + € 50.1 million
▪ thereof: conversion effects from IFRS 16: + € 9.5 million
▪ Full year earnings outlook adjusted upwards
▪ Placement of a corporate bond with a volume of € 250 million and a 7-
year-term, coupon of 3,250 % p.a.
Factbook Q3/9M 2019/20 Page 28©HORNBACH Group 2020
Sales Growth – 9 Months
Rounding differences
€ m
illio
n
182 191 206 218 245
1.2001.331
1.4511.568
1.717
1.5971.633
1.6581.688
1.782
2015/16 2016/17 2017/18 2018/19 2019/20
Hornbach Baustoff Union HORNBACH Baumarkt AG [International] HORNBACH Baumarkt AG [Germany]
3,476
+7.8%
+5.6%
12.4%
+9.5%
2,9803,155
3,318
3,745
Factbook Q3/9M 2019/20 Page 29©HORNBACH Group 2020
BALANCE SHEET 28.2.2019 1.3.2019 Conversion
effect
28.2.2019 1.3.2019 Conversion
effect
Right-of-use assets149.0 816.5 667.5 149.0 1,316.4 1,167.4
Lease liabilities 164.0 854.0 690.0 164.0 1,356.5 1,192.5
IFRS 16 – Conversion effects*
HORNBACH Group HORNBACH Baumarkt Subgroup
INCOME STATEMENT Conversion effect
9M 2019/20
Conversion effect
FY 2019/20e
Conversion effect
9M 2019/20
Conversion effect
FY 2019/20e
Depreciation and
amortization58.2 77.0 105.1 139.5
Adjusted EBIT9.5 12.7 16.1 21.5
Net financial
expenses-14.9 -19.9 -26.2 -34.9
Earnings before
taxes-5.3 -7.1 -10.0 -13.3
*Based on the lease contracts recognized and measured as of March 1, 2019
Factbook Q3/9M 2019/20 Page 30©HORNBACH Group 2020
76.8 76.592.6 78.9
96.9
74.4 75.4
81.781.9
101.521,3 30,0
28,8
19,7
41,8
2015/16 2016/17 2017/18 2018/19 2019/20
Q1 Q2 Q3
203.1181.9
172.5180.6
240.2
HBM: HORNBACH Baumarkt AG
HBU: HORNBACH Baustoff Union GmbH
HI: HORNBACH Immobilien AG
+33.0%
Adjusted EBIT – 9 MonthsHORNBACH Group
Rounding differences
€ m
illio
n
134,3
6,6
42,3
-2,7
200,9
5,5
43,1
-8,8
HBM HBU HI Reconciliation
2018/19
2019/20
9M 2019/20 - Segments
Factbook Q3/9M 2019/20 Page 31©HORNBACH Group 2020
65.2 61.677.5
64.984.1
57.2 57.9
64.065.5
87.35,0 13,8
12,2
4,0
29,4
2015/16 2016/17 2017/18 2018/19 2019/20
Q1 Q2 Q3
Adjusted EBIT – 9 MonthsHORNBACH Baumarkt Subgroup
+49.5%
Rounding differences
€ m
illio
n
86,5
58,0
-10,2
138,6
77,8
-15,5
Retail Real estate Reconciliation
2018/19
2019/20
9M 2018/19 - Segments
153.6
133.3127.4
134.3
200.9
Factbook Q3/9M 2019/20 Page 32©HORNBACH Group 2020
Adjusted EBIT 9M - Reconciliation
9M 2018/19 9M 2019/20 9M 2018/19 9M 2019/20
EBIT 181.7 240.6 135.2 199.9
Non-operating
Earnings-2.4 -1.4 -2.3 0
Non-operating
Expenses+1.4 +1.0 +1.4 +1.0
EBIT adjusted 180.6 240.4 134.3 200.9
€ m
illio
n
+32.5%
+33.0%
+47.8%
+49.5%
HORNBACH Group HORNBACH Baumarkt Subgroup
Rounding differences
Factbook Q3/9M 2019/20 Page 33©HORNBACH Group 2020
27,8% 26,6%
5,4%5,0%
35,0% 35,0%
33,3% 31,8%
Q3 2018/19 Q3 2019/20
General and
administration expenses
Pre-opening expenses
Selling and store
expenses
Gross profit margin
Expense ratio
Cost structure in % of salesHORNBACH Group
25,8% 24,8%
4,8%4,6%
35,8% 35,6%
30,8%29,6%
9M 2018/19 9M 2019/20
9 Months
Rounding differences
3rd Quarter
IFRS 16 effects:
Q3: -30 bps
9M: -25 bps
Factbook Q3/9M 2019/20 Page 34©HORNBACH Group 2020
Cash Flow Statement – 9 Months
9M 2018/19 9M 2019/20 9M 2018/19 9M 2019/20
Cash flow from operating activities 169.2 346.9 133.7 352.9
of which: funds from operations 199.7 228.7 155.2 174.5
of which: D&A of rights of use of
leased objects (IFRS 16) 9.4 70.1 9.4 116.4
of which: change in working capital -30.6 48.0 -21.5 62.0
Cash flow from investing activities -154.3 -342.6 -146.4 -312.0
of which: investments in assets -154.8 -101.4 -145.7 71.1
of which: short-term financial
investments 0 -247.1 0 -240.1
Cash flow from financing activities 49.6 143.1 72.9 121.4
of which: repayment of lease liabilities
(IFRS 16) -7.8 -63.6 -7.8 -104.8
Cash-effective change in cash and cash
equivalents 64.5 147.4 60.3 162.3
HORNBACH Group HORNBACH Baumarkt Subgroup
€ m
illio
n
Rounding differences
Factbook Q3/9M 2019/20 Page 35©HORNBACH Group 2020
62
39
3
Real estate
Plant and office equipment
Intangible assets
21
110113
83
149
74
2015/16 2016/17 2017/18 2018/19 2019/20
other HORNBACH Immobilien AG HORNBACH Baumarkt AG
CAPEX – 9 MonthsHORNBACH Group
Olomouc
158
121128
98104
€ m
illio
n
Factbook Q3/9M 2019/20 Page 36©HORNBACH Group 2020
1.773
2.411
922
1.159316
464
February 28, 2019 November 30, 2019
1.631 1.507
1.500
700
903
804
November 30, 2019 February 28, 2019
Group Balance Sheet Structure (IFRS) HORNBACH Group
Rounding differences
3,011 4,034
40.4%
3,0114,034Total
Assets
Total Equity
and liabilities
50.0%
Liquid funds
Non-current assets
of which right-of-use assets*:
755 € million
(Feb 2019: 149 € million)
Shareholders‘ equity
Current liabilities
Inventories, accounts
receivable and other
assets
of which non-current
lease liabilities*:
719 € million
(Feb 2019: 153 € million)
of which current
lease liabilities*:
79 € million
(Feb 2019: 11 € million)
Non-current liabilities
*First-time application of the new IFRS 16 leasing standard
Factbook Q3/9M 2019/20 Page 37©HORNBACH Group 2020
1.262
2.370
834
1.051
243
405
February 28, 2019 November 30, 2019
1.164 1.069
1.766
531
896
738
November 30, 2019 February 28, 2019
Group Balance Sheet Structure (IFRS) HORNBACH Baumarkt Subgroup
2,338 3,826
30.4%
2,3383,826
45.7%
Total
Assets
Total Equity
and liabilities
Rounding differences
Liquid funds
Non-current assets
of which right-of-use assets*:
1.233€ million
(Feb 2019: 149 € million)Shareholders‘ equity
Current liabilities
Non-current liabilities
Inventories, accounts
receivable and other
assets
of which non-current
lease liabilities*:
1.149 € million
(Feb 2019: 153 € million)
of which current
lease liabilities*:
136 € million
(Feb 2019: 11 € million)
*First-time application of the new IFRS 16 leasing standard
Factbook Q3/9M 2019/20 Page 38©HORNBACH Group 2020
Outlook for FY 2019/20
Factbook Q3/9M 2019/20 Page 39©HORNBACH Group 2020
New Store Openings and Outlook 2019/20
Sales and earnings forecast
HORNBACH Group for FY 2019/20
HORNBACH Group HORNBACH
Baumarkt Subgroup
Sales 2019/20 4,729 € million 4,428 € million
Sales 2018/19 4,362 € million 4,096 € million
Adjusted EBIT
2019/20*
slightly higher than the
guidance range most
recently communicated
(increase “in low to
medium double-digit
percentage range”)
>100% (before: medium
to upper double-digit
percentage range)
Adjusted EBIT
2018/19
135 € million 82 € milion
Capex 2019/20 110 - 130 € million 100 - 120 € million
Capex 2018/19 196 € million 184 € million
*including effects from initial application of IFRS 16; outlook adjusted on Dec 10, 2019 and on Mar 19, 2020
Factbook Q3/9M 2019/20 Page 40©HORNBACH Group 2020
Financial Calendar
ContactInvestor Relations
Axel Müller
(+49) 0 63 48 / 60 – 2444
Anne Spies
(+49) 0 63 48 / 60 – 4558
www.hornbach-group.com
May 27, 2020 Annual Report 2019/20 as of February 29, 2020
DVFA Analyst Conference of HORNBACH Baumarkt AG
June 26, 2020 Financial Update 1st Quarter of 2020/21 as of May 31, 2020
July 9/10, 2020 Annual General Meeting of HORNBACH Baumarkt AG and
HORNBACH Holding AG & Co. KGaA
September 29, 2020 Half-Year Financial Report 2020/21
DVFA Analyst Conference of HORNBACH Holding AG & Co. KGaA
December 22, 2020 Financial Update 3rd Quarter of 2020/21
DISCLAIMER
This presentation is to be read in the context of the audited financial data of the HORNBACH Holding Group and the disclosures made in the notes to the
consolidated financial statements contained in the annual report. It contains statements relating to the future based on assumptions and estimates made by
HORNBACH’s Board of Management. Forward-looking statements are only valid at the time at which they are made. Although we assume that the expectations
reflected in these forecast statements are realistic, the company can provide no guarantee that these expectations will turn out to be accurate. The assumptions
may involve risks and uncertainties which could result in actual events differing significantly from the forecast statements. Such factors include those discussed
in the “Risk Report” and “Outlook” of the annual report. We do not assume any obligation to update the forward-looking statements contained in this
presentation.