UK markets open in 5 hours 34 minutes
  • NIKKEI 225

    28,275.99
    +348.62 (+1.25%)
     
  • HANG SENG

    23,534.57
    +185.19 (+0.79%)
     
  • CRUDE OIL

    70.00
    +0.51 (+0.73%)
     
  • GOLD FUTURES

    1,780.80
    +1.30 (+0.07%)
     
  • DOW

    35,227.03
    +646.95 (+1.87%)
     
  • BTC-GBP

    38,306.68
    +1,177.46 (+3.17%)
     
  • CMC Crypto 200

    1,313.50
    +53.34 (+4.23%)
     
  • ^IXIC

    15,225.15
    +139.68 (+0.93%)
     
  • ^FTAS

    4,117.60
    +58.28 (+1.44%)
     

H&R GmbH & Co. KGaA: With good quarterly figures towards a record full year result for 2021

  • Oops!
    Something went wrong.
    Please try again later.
·5-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

DGAP-News: H&R GmbH & Co. KGaA / Key word(s): Quarterly / Interim Statement/Quarter Results
12.11.2021 / 08:43
The issuer is solely responsible for the content of this announcement.

Press Release

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:

in million EUR

9 months 2021

9 months 2020

Diff. absolute

Sales Revenues

878.2

649.9

228.3

ChemPharm REFINING

556.2

397.5

158.7

ChemPharm SALES

299.2

229.5

69.7

PLASTICS

32.4

29.2

3.2

Consolidation

-9.6

-6.4

-3.2

 

 

 

 

Consolidated operative income (EBITDA)

111.3

30.7

80.6

ChemPharm REFINING

89.8

15.7

74.1

ChemPharm SALES

21.8

17.8

4.0

PLASTICS

2.3

0.2

2.1

Consolidation

-2.6

-3.0

0.4

 

 

 

 

EBIT

73.2

-6.8

80.0

EBT

67.0

-12.8

79.8

Net income attributable to shareholders

47.0

-14.8

61.8

Earnings per share (EUR)

1.26

-0.40

1.66

Operative cashflow

13.1

44.6

-31.5

Free cashflow

-25.5

14.4

-39.9

 

Q3-2021

Q3-2020

Diff. absolute

Sales Revenues

319.7

208.1

111.6

ChemPharm REFINING

204.2

120.6

83.6

ChemPharm SALES

108.6

78.6

30.0

PLASTICS

10.9

11.0

-0.1

Consolidation

-3.9

-2.1

-1.8

 

 

 

 

Consolidated operative income (EBITDA)

36.8

14.1

22.7

ChemPharm REFINING

30.9

8.7

22.2

ChemPharm SALES

6.6

6.5

0.1

PLASTICS

0.5

0.4

0.1

Consolidation

-1.2

-1.4

0.2

 

 

 

 

EBIT

24.1

1.9

22.2

EBT

22.6

-0.1

22.7

Net income attributable to shareholders

16.0

-1.2

17.2

Earnings per share (EUR)

0.43

-0.03

0.46

Operativer cashflow

12.0

5.2

6.8

Free cashflow

-1.1

0.8

-1.9

 

30/9/2021

31/12/2020

Diff. absolute

Balance sheet total

847.1

745.7

101.4

Equity

402.2

346.9

55.3

Equity ratio (%)

47.5

46.5

1.0

 

 

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.

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

H&R GmbH & Co. KGaA:
H&R KGaA is a specialty-chemicals company listed on the Frankfurt Stock Exchange's Prime Standard segment. It develops and manufactures crude-oil-based chemical and pharmaceutical specialty products and produces high-precision plastic parts.

Forward-looking statements and forecasts:
This press release contains forward-looking statements. The statements are based on the current estimates and forecasts by the Executive Board and the information available to the Board 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 press release.


12.11.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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:

1248564


 

End of News

DGAP News Service

show this
show this
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting