H&R achieves solid first quarter figures and significantly exceeds same
quarter of previous year
EQS-News: H&R GmbH & Co. KGaA / Key word(s): Quarter Results/Quarterly /
Interim Statement
H&R achieves solid first quarter figures and significantly exceeds same
quarter of previous year
15.05.2024 / 09:42 CET/CEST
The issuer is solely responsible for the content of this announcement.
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Press Release
H&R GmbH & Co. KGaA confirms preliminary figures for Q1-2024
* Q1-24 significantly exceeds the same quarter of the previous year and
leaves the weak Q1-23 well behind with EBITDA of EUR 21.3 million
Salzbergen, Germany, May 15, 2024. H&R GmbH & Co. KGaA (in short: H&R KGaA;
ISIN DE000A2E4T77) has confirmed the preliminary key figures for the start
of the year. The company reported operative earnings (EBITDA - consolidated
earnings before taxes on income and earnings, other financing income and
expenses and depreciation, amortization and write-ups on intangible assets
and property, plant and equipment) of EUR 21.3 million in the first quarter
of 2023 (same period in the previous year: EUR 14.3 million). Due to lower
raw material prices and volumes, the past quarter delivered lower sales
revenues of EUR 337.0 million (Q1-2023: EUR 349.0 million).
Key Figures for H&R KGaA:
in EUR million Q1-2024 Q1-2023 - / +
Sales revenues 337.0 349.0 -12.0
Operative Earnings (EBITDA) 21.3 14.3 7.0
EBIT 6.8 0.5 6.3
Earnings before Income Taxes 3.6 -2.2 5.8
Net Profit attributable to Shareholders 1.5 -0.9 2.4
Earnings per Share (EUR) 0.04 -0.03 0.07
Operating Cash flow 11.4 48.5 -37.1
Free Cash flow -0.2 31.8 -32.0
31/3/24 31/12/23 - / +
Balance Sheet Total 971.2 903.2 68.0
Equity 456.3 457.6 -1.3
Equity Ratio (in%) 47.0 50.7 -3.7
Key Figures for segments
in Mio. EUR Q1-2024 Q1-2023 - / +
Sales revenues
ChemPharm Refining 206.8 219.5 -13.1
ChemPharm Sales 122.9 123.1 -0.2
Plastics 12.3 13.2 -0.9
Reconciliation -4.6 -6.7 2.1
EBITDA
ChemPharm Refining 10.5 5.7 4.8
ChemPharm Sales 10.9 6.4 4.5
Plastics 0.4 1.2 -0.8
Reconciliation -0.5 1.0 -1.5
For more detailed statements on the business and earnings development,
especially the 2024 full-year expectations, the company refers to the
quarterly statement for the first quarter of 2024 published today, which is
available for download at www.hur.com in the "Investor Relations" section.
Contact information:
H&R GmbH & Co. KGaA, Head of Investor Relations/Communications, Ties Kaiser
Neuenkirchener Strasse 8, 48499 Salzbergen
Tel.: +49 40 43218-321, Fax: +49 40 43218-390
e-mail: ties.kaiser@hur.com ; www.hur.com
H&R GmbH & Co. KGaA:
H&R KGaA is a specialty-chemicals company listed on the Frankfurt Stock
Exchange's Prime Standard segment. It develops and manufactures
crude-oil-based chemical and pharmaceutical specialty products and produces
high-precision plastic parts.
Forward-looking statements and forecasts:
This press release contains forward-looking statements. The statements are
based on the current estimates and forecasts by the Executive Board and the
information available to the Board at this time. These forward-looking
statements do not provide any warranty for the future developments and
results contained therein. The future developments and results are dependent
on a number of factors; they entail various risks and contingencies and are
based on assumptions which could prove to be incorrect. We do not assume any
responsibility for updating the forward-looking statements contained in this
press release.
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Language: English
Company: H&R GmbH & Co. KGaA
Neuenkirchener Str. 8
48499 Salzbergen
Germany
Phone: +49 (0)40 43 218 321
Fax: +49 (0)40 43 218 390
E-mail: investor.relations@hur.com
Internet: www.hur.com
ISIN: DE000A2E4T77
WKN: A2E4T7
Listed: Regulated Market in Dusseldorf, Frankfurt (Prime
Standard), Hamburg; Regulated Unofficial Market in
Berlin, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1903555
End of News EQS News Service
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1903555 15.05.2024 CET/CEST