HMS Bergbau AG Forecasts Significant Growth by 2026

HMS Bergbau AG, a commodities trading and marketing firm, has released its forecast for the 2026 fiscal year. A significant increase in revenue and operating profit is projected, with group sales expected to reach EUR 2.0 billion, up from the previous year's EUR 1.22 billion.

Adjusted EBITDA, excluding special effects, is anticipated to grow from EUR 22.4 million to EUR 35 million. The forecast includes a one-time valuation effect of EUR 20 million from consolidating Hoshoza Resources Vryheid in South Africa.

The company cites strong business development in liquid fuels and lubricants, alongside positive contributions from mining projects in South Africa and Botswana, as drivers of this growth. The recently signed chrome ore purchase agreement with a South African firm is also expected to positively impact 2026 results.