H&R GmbH & Co. KGaA
H&R GmbH & Co. KGaA increases EBITDA expectations
H&R GmbH & Co. KGaA / Key word(s): Forecast/Change in Forecast Insider information pursuant to Article 17 of the Market Abuse Regulation [MAR]
– 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: Forward-looking statements and forecasts:
16-Jun-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
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 |
End of Announcement | DGAP News Service |