DGAP-Adhoc: H&R GmbH & Co. KGaA increases EBITDA expectations

2021. június 16., szerda, 10:20





DGAP-Ad-hoc: H&R GmbH & Co. KGaA / Key word(s): Forecast/Change in Forecast


H&R GmbH & Co. KGaA increases EBITDA expectations


16-Jun-2021 / 10:20 CET/CEST


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.


The issuer is solely responsible for the content of this announcement.




Insider information pursuant to Article 17 of the Market Abuse Regulation [MAR]




H&R GmbH & Co. KGaA: Increase in earnings forecast for 2021



- Business development during the year so far indicates that previous expectations will be exceeded



- EBITDA corridor increased to "EUR 95 million to EUR 115 million"



Salzbergen, Germany, June 16, 2021. H&R GmbH & Co. KGaA (short: H&R KGaA; DE000A2E4T77) is increasing its full-year EBITDA forecast for the current financial year. Based on the business development during the course of the year so far - especially the current second quarter of 2021 - the company expects - based on current knowledge - an annual operating result (EBITDA - consolidated income before tax, other financial income and expenses and depreciation/amortization, impairment and appreciation of fixed assets and property, plant and equipment) in the range of EUR 95.0 million to EUR 115.0 million. This guidance replaces the prognosis communicated at the beginning of the year and still maintained after the first quarter of 2021 ("EBITDA between EUR 60.0 million and EUR 75.0 million").



With the adjustment, the company takes into account the fact that it has not only made a very good start to the current financial year, but can also benefit significantly from the current economic development and catch-up effects at many customers and in numerous client industries. This should contribute to an overall significantly improved result, even in the event of possibly growing disadvantageous effects during the year, such as higher numbers of infections in the regions and markets relevant to H&R or increasing pressure on margins for our products.



Contact:

H&R GmbH & Co. KGaA, Head of Investor Relations / Communication, Ties Kaiser

Neuenkirchener Straße 8, 48499 Salzbergen

Phone.: +49 40 43218-321, Fax: +49 40 43218-390

Mail: 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 insider information pursuant to Article 17 of the Market Abuse Regulation [MAR] contains forward-looking statements. The statements are based on the current estimates and forecasts by the Management Team and the information available to it 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 insider information pursuant to Article 17 of the MAR.



 











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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: 1208519





 
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1208519  16-Jun-2021 CET/CEST







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