EQS-News: H&R GmbH & Co. KGaA confirms preliminary figures for Q1-2023
EQS-News: H GmbH Co. KGaA
/ Key word(s): Quarterly / Interim Statement
H GmbH Co. KGaA confirms preliminary figures for Q1-2023
12.05.2023 / 10:26 CET/CEST
The issuer is solely responsible for the content of this announcement.
H GmbH Co. KGaA confirms preliminary figures for Q1-2023
Q1-23 does not match previous years momentum Strong improvements in cash positionsSalzbergen, May 12, 2023. H GmbH Co. KGaA (in short: H KGaA; ISIN DE000A2E4T77) has basically confirmed the preliminary key figures for the start of the year. The company reported operative earnings (EBITDA - consolidated earnings before taxes on income and earnings, other financing income and expenses and depreciation, amortization and write-ups on intangible assets and property, plant and equipment) of EUR 14.3 million in the first quarter of 2023 (same period in the previous year: EUR 25.2 million). Due to lower raw material prices and volumes, the past quarter delivered lower sales revenues of EUR 349.0 million (Q1-2022: EUR 361.8 million).
Key Figures for H KGaA:
in € million Q1-2023 Q1-2022 - / + Sales revenues 349.0 361.8 -12.8 Operative Earnings (EBITDA) 14.3 25.2 -10.9 EBIT 0.5 12.0 -11.5 Earnings before Income Taxes -2.2 10.3 -12.5 Net Profit attributable to Shareholders -0.9 8.1 -9.0 Earnings per Share (€) -0.03 0.22 -0.25 Operating Cash flow 48.5 -4.8 53.3 Free Cash flow 31.8 -18.4 50.2 31/3/23 31/12/22 - / + Balance Sheet Total 939.2 962.1 -22.4 465.5 471.2 -5.7 Equity Ratio (in%) 49.6 49.0 0.6Key Figures for segments:
in Mio. € Q1-2023 Q1-2023 - / + Sales revenues ChemPharm Refining 219.5 235.9 -16.4 ChemPharm Sales 123.1 119.8 3.3 Plastics 13.2 10.6 2.6 Reconciliation -6.7 -4.6 2.1 EBITDA ChemPharm Refining 5.7 19.0 -13.3 ChemPharm Sales 6.4 6.6 -0.2 Plastics 1.2 0.7 0.5 Reconciliation 1.0 -1.1 2.1For more detailed statements on the business and earnings development, especially the full-year expectations, the company refers to the quarterly statement for the first quarter of 2023 published today, which is available for download at www.hur.com in the "Investor Relations" section.
Contact information:
H GmbH Co. KGaA, Head of Investor Relations/Communications, Ties Kaiser
Neuenkirchener Strasse 8, 48499 Salzbergen
Tel.: +49 40 43218-321, Fax: +49 40 43218-390
e-mail: ties.kaiser@hur.com ; www.hur.com
H GmbH Co. KGaA:
H 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.
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1631875 12.05.2023 CET/CEST