H&R GmbH & Co. KGaA publishes Annual Report 2023

EQS-News: H&R GmbH & Co. KGaA / Key word(s): Annual Report/Annual Results
H&R GmbH & Co. KGaA publishes Annual Report 2023

28.03.2024 / 07:52 CET/CEST
The issuer is solely responsible for the content of this announcement.

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H&R GmbH & Co. KGaA publishes annual report 2023

  * H&R confirms preliminary figures and ends financial year 2023 with
    EBITDA of EUR 92.7 million

  * Management will again propose a dividend payment of EUR0.10 per share to
    the Annual General Meeting

Salzbergen, Germany, March 28th, 2024. H&R GmbH & Co. KGaA (H&R KGaA; ISIN
DE000A2E4T77) achieved an operating result (EBITDA - consolidated earnings
before income taxes, other financial income and expenses as well as
depreciation, amortization, impairment and write-ups of intangible assets
and property, plant and equipment) of EUR 92.7 million for financial year
2023 (2022: EUR 124.9 million); (for the other earnings levels, see the "Key
figures for H&R KGaA" table below). Below the line, consolidated net income
attributable to shareholders amounted to EUR 10.6 million (2022: EUR 42.7
million). The result was achieved on sales revenues of EUR 1,352.3 million.
This was EUR 223.7 million less than in the previous year (2022: EUR 1,576.0
million) due to price and volume factors.

Key figures for H&R KGaA:

in million. EUR 2023 2022 - / +

    Sales revenues                            1,352.3   1,576.0  -223.-
                                                                      7
    Operating Result (EBITDA)                    92.7     124.9   -32.2
    in % of sales revenues                        6.9       7.9    -1.0
    EBIT                                         30.3      69.6   -39.3
    Earnings before taxes                        18.8      62.0   -43.2
    Consolidated earnings after taxes            10.6      45.4   -34.8
    Consolidated net profit attributable to      10.6      42.7   -32.1
    shareholders
    Earnings per share (EUR)                       0.28      1.15   -0.87
    Operative Cash flow                         119.1      38.0    81.1

                                             31.12.23  31.12.22   - / +
    Balance Sheet total                         903,2     962,1   -58.9
    Group Equity                                457,6     471,2   -13.6
    Equity Ratio (in%)                           50,6      49,0     1.6
    Employees (absolute)                        1,704     1,631      73

Key figures for segments

in million. EUR 2023 2022 - / +

    Sales Revenues
    ChemPharm Refining  828.2  1,020.6  -192.4
       ChemPharm Sales  492.7    526.7   -34.0
              Plastics   51.3     49.0     2.3
         Consolidation  -20.0    -20.3     0.3

    EBITDA
    ChemPharm Refining   58.1     92.7   -34.6
       ChemPharm Sales   31.5     33.4    -1.9
              Plastics    4.7      5.0    -0.3
         Consolidation   -1.6     -6.2     4.6

Dividend proposal to the Annual General Meeting planned

H&R GmbH & Co. KGaA has achieved a distributable result according to HGB for
2023. The company's management will again propose to the Annual General
Meeting that a dividend of EUR 0.10 per share be distributed.

Outlook

We are currently formulating our expectations for 2024 with an operating
result (EBITDA) in the range of EUR 90.0 million to EUR 110.0 million but
reserve the right to adjust these expectations during the year and in
consideration of further business developments. For a complete presentation
of business performance, including segment reporting and the annual
financial statements, H&R KGaA refers to the 2023 Annual Report published
today at www.hur.com - Investors - Publications.

Contact:
H&R GmbH & Co. KGaA, Head of Investor Relations / Communication, Ties Kaiser
Neuenkirchener Straße 8, 48499 Salzbergen
Phone.: +49 40 43218-321, Fax: +49 40 43218-390
Mail: ties.kaiser@hur.com
www.hur.com

H&R GmbH & Co. KGaA:

Listed in the Prime Standard of the Frankfurt Stock Exchange, H&R GmbH & Co.
KGaA is a specialty chemicals company active in the development and
manufacture of chemical-pharmaceutical specialty products based on fossil,
bio-based, synthesized and recycled hydrocarbons and in the production of
precision plastic parts.

Forward-looking statements and forecasts:

This insider information pursuant to Article 17 of the Market Abuse
Regulation (MAR) contains forward-looking statements. The statements are
based on the current estimates and forecasts by the Management Team and the
information available to it 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
insider information pursuant to Article 17 of the MAR.


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28.03.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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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:    1869337

End of News EQS News Service
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1869337 28.03.2024 CET/CEST