The recent decision by the Annual General Meeting of HORNBACH Holding AG & Co. KGaA to distribute a dividend of 2.40 euros per share for the fiscal year 2024/25 reflects the solid financial development of the company. This decision is of great importance to investors as it provides insights into the company’s financial stability and performance.
Background and Significance of the Dividend
Dividend and Financial Stability
The dividend of 2.40 euros per share for the fiscal year 2024/25 shows that HORNBACH has maintained its financial stability. This is particularly noteworthy as the company has distributed dividends continuously since its IPO in 1987 – a total of 38 years without interruption or reduction in dividends.
Payout Ratio
The payout ratio stands at 27.3%, meaning that the company distributes a portion of its profits to shareholders while retaining the remainder for investments and future growth.
Financial Performance
HORNBACH achieved consolidated sales of 6.2 billion euros in the fiscal year 2024/25. Furthermore, there was an increase in adjusted EBIT (Earnings Before Interest and Taxes) by 6.0% to 270 million euros. These figures indicate a solid financial performance, despite a challenging consumption climate.
Strategic Developments and Future Prospects
Strategic Advances
The Annual General Meeting also approved the introduction of virtual shareholder meetings and the creation of new authorized capital (Authorized Capital 2025). These measures demonstrate that the company is focusing on innovation and adaptability.
CEO Assessment
CEO Albrecht Hornbach provided a positive assessment of the company’s performance and emphasized that HORNBACH is well positioned for the future. This is also reflected in the positive results of the first quarter of the fiscal year 2025/26.
Summary
The decision to distribute a dividend of 2.40 euros per share underscores the financial stability and solid performance of HORNBACH Holding AG & Co. KGaA in the past fiscal year. This continuous dividend policy is an important indicator of the company’s long-term strategy and commitment to providing value to its shareholders.