India, June 19 -- Hornbach Holding AG & Co. KGaA (HBH.DE) reported Friday lower first-quarter net profit, with higher energy and logistics costs tied to the Iran War weighing on margins, while EBITDA, a key earnings metric, edged up with sales growth. Further, the German DIY retailer reaffirmed its full-year 2027 guidance.
Net income for the three months ended May 31 attributable to shareholders fell 5.7 percent to 99.8 million euros or 6.24 euros per share from 105.8 million euros or 6.62 euros per share a year earlier.
EBIT slipped to 161.0 million euros from 162.6 million euros last year.
Adjusted EBIT, which strips out non-operating items, edged down to 161.0 million euros from 161.7 million euros a year ago.
EBITDA, however, rose 0...