Hornbach-Baumarkt-AG Group

48 GROUP MANAGEMENT REPORT Earnings Performance
the previous year, as a result of which our adjusted domestic
EBIT for the 2012/2013 financial year was around ten percent
higher than the previous year’s figure.
Earnings contributions from our international activities, which
are pooled on the level of the HORNBACH International GmbH
subgroup, reduced year-on-year on account of the weaker likefor-like
sales performance. With EBITDA of € 90.1 million in
the period under report (2011/2012: € 116.1 million), the
international business accounted for around 58% (2011/2012:
63%) of EBITDA at the HORNBACH-Baumarkt-AG Group. EBIT
in the international business dropped from € 94.5 million to
€ 69.8 million. As a result, the international share of EBIT
decreased from 74% to 70%. With an EBIT margin of 5.5%
(2011/2012: 7.4%), the other European countries segment
remains more profitable than the Germany segment.
Dividend proposal
The Board of Management and Supervisory Board of HORN-
BACH-Baumarkt-AG will propose a dividend of € 0.50 per
ordinary share with dividend entitlement (ISIN:
DE0006084403), and thus unchanged on the previous year,
for approval by the Annual General Meeting on July 4, 2013.
EBIT by segment
(€ million)
EBIT by region
(share in %)
DIY stores Real estate Headquarters
116 74
and
consolidation
36
43
Germany
Other European countries
30 %
€ 29.6 million
€ 69.8 million
70 %
26 %
€ 33.9 million
€ 94.5 million
74 %
2012 / 2013
2011 / 2012
-23
-18
2012 / 2013
2011 / 2012