DGAP-News

H&R AG publishes first quarter 2014 results - Seite 2

In spite of the improved start to the year as compared to the equivalent
quarter of last year, at the beginning of 2014 H&R AG was below the results
contribution of the third and fourth quarter of 2013. Due to the currently
positive trend in market prices as well as the measures introduced by the
company, the company considers the earnings level being aimed at still
within reach. At the same time, the Board also expects positive incentives
resulting from the overall economic development and market trends.

For further details, please refer to the Interim Report for the First
Quarter of 2014, published today and available in PDF format under the
Investor Relations tab on www.hur.com.

H&R Group - Key figures (in EUR        1/1/ - 31/3/  1/1/ - 31/3/  Variance

million)                                       2014          2013

Revenue                                       282.6         301.8     -19.2

Operating result (EBITDA)                       7.7           5.9       1.8

EBIT                                            2.1          -0.3       2.4

Earnings before taxes                          -1.6          -3.9       2.3

Group deficit/surplus after minority           -1.1          -2.8       1.7

interests

Group earnings per share (EUR)                -0.04         -0.10      0.06

Operating Cash Flow                           -29.6          45.8     -75.4

Free cash flow                                -32.5          39.0     -71.5

                                          31/3/2014    31/12/2013  Variance

Balance sheet total                           562.9         594.7     -31.8

Equity                                        187.9         189.2      -1.3

Equity ratio (%)                               33.4          31.8       1.6

May 9, 2014                            Publication of Q1 Report 2014

May 13, 2014                           Annual Shareholders' Meeting Hamburg

August 14, 2014                        Publication of Q2 Report 2014

November 14, 2014                      Publication of Q3 Report 2014

Contact:
H&R AG, Investor Relations / Kommunikation, Ties Kaiser
Neuenkirchener Straße 8, 48499 Salzbergen
Phone.: [phone], Fax: [phone]
Mail: [e-mail]
www.hur.com

H&R AG is a Prime Standard listed specialist chemicals company. It develops
and manufactures crude oil-based chemical and pharmaceutical products and
high-precision plastic parts.

Forward-looking statements and forecasts:
This press release contains forward-looking statements. These statements