HÖRMANN Industries publishes interim report for the first quarter of 2025: stable start to the financial year

30 May 2025 10:00 CEST

CORPORATE NEWS
of HÖRMANN Industries GmbH, Kirchseeon near Munich

HÖRMANN Industries publishes interim report for the first quarter of 2025:
stable start to the financial year

• Operating result slightly improved compared to previous year despite decline
in sales: sales of EUR 150.8 million (previous year: EUR 165.6 million), EBITDA
of EUR 4.3 million (previous year: EUR 4.0 million) and EBIT of EUR 1.1 million
(previous year: EUR 0.9 million)
• Overall economic conditions nevertheless remain challenging at the start of
the year, particularly in the Automotive division
• HÖRMANN Industries GmbH forecast for the full year 2025 confirmed

Kirchseeon, 30 May 2025 - HÖRMANN Industries GmbH (corporate bond, ISIN:
NO0012938325) today published its financial results for the first three months
of 2025. Accordingly, the HÖRMANN Group has made a stable start to the 2025
financial year and generated sales of EUR 150.8 million in the first quarter
(previous year: EUR 165.6 million). The measures initiated by HÖRMANN to improve
earnings continued to have an effect at the start of 2025: despite the
year-on-year decline in sales, earnings before interest, taxes, depreciation and
amortisation (EBITDA) increased slightly from EUR 4.0 million to EUR 4.3 million
in the first quarter of 2025; earnings before interest and taxes (EBIT) also
rose from EUR 0.9 million to EUR 1.1 million.

However, the industry-specific conditions remain challenging, particularly in
the Automotive division, which recorded a significant decline in sales in the
reporting period as a result of the drop in volumes at various major customers.
The HÖRMANN Group also continues to feel the effects of its customers'
reluctance to invest in the Intralogistics division as a result of the generally
high level of uncertainty. By contrast, the Communication division was once
again able to significantly increase its sales in the first three months of
2025.

Johann Schmid-Davis, CFO of HÖRMANN Industries GmbH: "The first quarter of 2025
continued to be characterised by trade, geopolitical, economic and
industry-specific challenges. Nevertheless, there were also positive signs for
our business in the first three months: the operating result increased
year-on-year despite the decline in sales. This is a clear sign that our
comprehensive programme of measures to improve earnings is taking effect.
Despite all the risks in the global economy and geopolitics, we are confident
about 2025 and continue to expect stable development for the HÖRMANN Group."

Forecast for the full year 2025 confirmed

HÖRMANN Industries GmbH continues to expect total sales of between EUR 690
million and EUR 720 million in 2025 (2024: EUR 678.9 million) after evaluating
the current order situation and confidently assessing the business development
of the individual divisions. The HÖRMANN Group is forecasting EBIT of between
EUR 21 million and EUR 23 million (2024: EUR 24.3 million). However, the outlook
for HÖRMANN Industries depends largely on further geopolitical developments and
their impact on the global economy.

The consolidated interim report for the period from 1 January to 31 March 2025
of HÖRMANN Industries GmbH is available at
https://www.hoermann-gruppe.com/en/investor-relations/financial-reports/financia
l-publications.

Contact:
HÖRMANN Industries GmbH
Hauptstraße 45-47
D-85614 Kirchseeon
T +49 8091 5630 0
F +49 8091 5630 195
info@hoermann-gruppe.com

Financial and business press:
IR.on AG
Frederic Hilke
T +49 221 9140 970
hoermann@ir-on.com


About the HÖRMANN Group
Since the company was founded in 1955, the HÖRMANN Group has grown steadily.
Under the umbrella of HÖRMANN Holding GmbH & Co KG, around 30 subsidiaries
operate in the Automotive, Communication, Engineering and Intralogistics
business divisions with a high level of entrepreneurial initiative and
independence. The aim of the HÖRMANN Group is to provide customers with specific
solutions and services that offer economic advantages and a high level of
customer benefit. To achieve this, the HÖRMANN Group, with around 2,930 highly
qualified employees, uses its entire broadly diversified and networked knowledge
from a wide range of technological fields.
www.hoermann-gruppe.com

More information:
Access the news on Oslo Bors NewsWeb site

647993_0530_CN Q1 2025_EN_final.pdf
647993_22087-0108_hoermann_zwiber_mai_2025_en_web_sec.pdf