Hudbay Minerals Inc. (HBM) Earnings Call Transcripts

Hudbay Minerals Inc.'s Latest Earnings Call - Q1 FY2027

In the first quarter of fiscal year 2026-27, HORNBACH Baumarkt AG reported record net sales of EUR 2 billion, reflecting a 4.9% year-over-year increase. Adjusted EBIT remained stable at EUR 161 million, while management confirmed guidance for the fiscal year, expecting net sales to be at or slightly above the prior year's level. Despite challenges in the macroeconomic environment, the company demonstrated resilience with strong like-for-like sales growth and a successful expansion strategy.

Reported metrics

Guidance from management

Management expects net sales for the fiscal year to be at or slightly above the prior year's level, with adjusted EBIT anticipated to remain roughly at the previous year's level. CapEx is expected to be significantly higher than the prior year.

What management said

Thank you for your valuable insight, Joanna. We are now happy to take your questions. [Operator Instructions] And now I hand over to our operator to explain the technicalities of our Q&A session. Please go ahead.

It's difficult to say. To be honest, of course, as I mentioned, we have also pressure in the gross margin, logistic cost and to make any prediction on the increase of this cost or energy or it's very difficult. Yes, but 60% of our total costs are personnel costs. Therefore, -- and [ Volker ] you mentioned also the question too about other openings, yes. So -- we plan 2 new openings. The first one is Vloeren in the Ne...

What analysts pressed on

Analysts expressed concerns regarding cost inflation and ongoing negotiations with trade unions in Germany, which could impact personnel expenses. There is also uncertainty regarding the geopolitical situation affecting logistics and raw material prices.

Main topics on the call

• Record Net Sales — HORNBACH achieved net sales of EUR 2 billion, marking a 4.9% increase from the previous year. CFO Joanna Kowalska stated, "I’m incredibly proud to be serving as CFO at a time when we have recorded the highest quarterly n...
• Like-for-Like Sales Growth — Like-for-like sales at HORNBACH Baumarkt grew by 2.8%, outperforming the overall DIY sector in Germany. Kowalska noted, "This performance is particularly encouraging" given the negative calendar effect.
• International Sales Performance — Sales in other European markets grew by 7.5%, contributing to 53% of total group sales. This diversification is a key strategic focus for HORNBACH, as highlighted by Kowalska's comments on their "well-balanced geographic...
• Stable Adjusted EBIT — Adjusted EBIT remained at EUR 161 million, consistent with the prior year. Kowalska remarked, "We are happy with our figures, especially against the backdrop of the challenging macro environment."

Read the full Hudbay Minerals Inc. transcript (Q1 FY2027) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 37 Hudbay Minerals Inc. earnings call transcripts on record, spanning February 21, 2020 to July 29, 2026. Based on this history, Hudbay Minerals Inc. reports quarterly. The most recent call on file is dated July 29, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

HBM

Exchange

TSX

Country

CA

Sector

Materials

Industry

Metals and Mining

Calls on record

37

First call

February 21, 2020

Most recent

July 29, 2026

Reporting cadence

quarterly