DGAP-News: H&R GmbH & Co. KGaA
/ Key word(s): 9 Month figures/Quarter Results
H&R GmbH & Co. KGaA GmbH & Co. KGaA publishes earnings- and revenue trends for Q3-2019
- Difficult market conditions impact sales and earnings
- EBITDA reaches EUR 44.8 million
Salzbergen, November 15, 2019. H&R GmbH & Co. KGaA (abbrev.: H&R KGaA; ISIN DE000A2E4T77) has confirmed its preliminary revenue and earnings figures for the first nine months of 2019: Between January and September 2019, the company achieved an EBITDA figure (EBITDA - Consolidated income before tax, other financial income and expenses and depreciation/amortization, impairment and appreciation of fixed assets and property, plant and equipment) of EUR 44.8 million (same period of the previous year: EUR 59.7 million). This figure includes one-off personnel restructuring costs of around EUR 4.0 million for the Coburg site. Net profit to shareholders was EUR 4.1 million, down on the previous year (first nine months 2018: EUR 20.2 million). In total, H&R KGaA thus generated earnings per share of EUR 0.11 in a persistently poor market situation for key customer industries. At EUR 824.7 million, sales were below the prior-year figure (first nine months of 2018: EUR 833.7 million).
Overview of the main key figures:
H&R currently expects to achieve an operating income of around EUR 55.0 million for FY 2019.
For further statements on the trends in business performance and earnings, the company refers to the quarterly report for the third quarter of 2019 published today, which is available for download at www.hur.com in the "Investor Relations" section.
Forward-looking statements and forecasts:
15.11.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|Company:||H&R GmbH & Co. KGaA|
|Neuenkirchener Str. 8|
|Phone:||+49 (0)40 43 218 321|
|Fax:||+49 (0)40 43 218 390|
|Listed:||Regulated Market in Dusseldorf, Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Hanover, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||914453|
|End of News||DGAP News Service|