HÖRMANN Industries GmbH (corporate bond, ISIN: NO0012938325) today published its financial results for the first nine months of 2020. In the first three quarters, the HÖRMANN Group's revenue increased by 3.2% to € 502.8 million (previous year: € 487.2 million).
As a result of the increase in revenue, a change in the product and service mix and an improved cost structure, earnings before interest, taxes, depreciation and amortization (EBITDA) also increased significantly year-on-year from € 13.0 million to € 32.4 million in the first nine months of 2025, while earnings before interest and taxes (EBIT) rose from € 3.1 million to € 22.6 million.