- Oops!Something went wrong.Please try again later.
DGAP-News: H&R GmbH & Co. KGaA / Key word(s): Quarterly / Interim Statement/Quarter Results
H&R GmbH & Co. KGaA: Quarterly statement for the 3rd quarter of 2021
- EBITDA of EUR 111.3 million after three quarters on course for record results
- Earnings expectations could be exceeded by up to 10%
Salzbergen, Germany, November 12, 2021. H&R GmbH & Co. KGaA (short: H&R KGaA; ISIN DE000A2E4T77) has confirmed the preliminary sales and earnings figures for the third quarter of 2021: From July to September 2021, the company achieved an operating result (EBITDA - Consolidated earnings before taxes on income and earnings, other financing income and expenses as well as depreciation, amortization and write-ups on intangible assets and property, plant and equipment) of EUR 36.8 million (same period of the previous year: EUR 14.1 million). It not only clearly exceeded the same quarter of the previous year, but also marked the second strongest contribution to operating earnings this year. EBIT closed at EUR 24.1 million after last year's EUR 1.9 million. Earnings before taxes (EBT) in the third quarter of 2021 were strongly recovered at EUR 22.6 million (Q3-2020: EUR -0.1 million), with the net income attributable to shareholders closing at EUR 16.0 million (Q3-2020: EUR -1.2 million). Sales revenues in the third quarter of the current financial year increased - in particular due to higher raw material costs - to EUR 319.7 million (Q3-2020: EUR 208.1 million).
Overview of main key figures:
After a very good development in the first half of 2021, the start of the second half of the year was somewhat more subdued. The company currently sees a similar development for the final quarter. Nonetheless, all indicators continue to point to a very good full-year result, which latest estimate of a minimum expectation of EUR 115.0 million could be exceeded by up to 10 percent.
For further statements on business and earnings development, the company refers to the quarterly statement for the 3rd quarter of 2021 published today, which can be downloaded from www.hur.com in the "Investor Relations" area.
Forward-looking statements and forecasts:
12.11.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
H&R GmbH & Co. KGaA
Neuenkirchener Str. 8
+49 (0)40 43 218 321
+49 (0)40 43 218 390
Regulated Market in Dusseldorf, Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:
End of News
DGAP News Service