EQS-News

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. 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 € 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 (€)	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