DGAP-News

H&R GmbH & Co. KGaA confirms growth in earnings in Q3 2016

DGAP-News: H&R GmbH & Co. KGaA / Key word(s): Quarterly / Interim
Statement/9-month figures
H&R GmbH & Co. KGaA confirms growth in earnings in Q3 2016

15.11.2016 / 07:01
The issuer is solely responsible for the content of this announcement.

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Press Release

H&R KGaA confirms growth in earnings in Q3 2016

- EBITDA improved by some 22%

- Earnings per share increased by approximately 30%

- Final quarter of 2016 gets off to a good start, with forecasts
confirmed

Salzbergen (Germany), 15th November 2016. H&R KGaA has confirmed good
preliminary figures for the first three quarters of 2016: The company
managed - between January and September 2016 - to improve its operating
income (EBITDA) by some 22% to EUR79.5 million (first three quarters of
2015: EUR65.3 million). Net earnings attributable to shareholders came to
EUR37.6 million, corresponding to basic earnings per share of EUR1.05.
Reflecting the individual quarters concerned, sales revenues for the
overall period were, at EUR705.3 million, affected by raw material prices
and about 8% down with respect to the same period of the previous year
(first three quarters of 2015: EUR765.6 million).

Overview of key figures:

EUR million                9 months of      9 months of      Abs. Change
                                  2016             2015
Sales revenues                   705.3            765.6            -60.3
Operating income                  79.5             65.3             14.2
(EBITDA)
EBIT                              55.7             42.7             13.0
Pre-tax earnings                  48.0             34.2             13.8
Net earnings                      37.6             29.1              8.5
attributable to
shareholders
Consolidated earnings             1.05             0.81             0.24
per share (EUR)
Cash flow from                    66.9             33.7             33.2
operating activities
Free cash flow                    38.6             20.2             18.4
                               Q3 2016          Q3 2015      Abs. Change
Sales revenues                   240.2            240.9             -0.7
Operating income                  25.1             24.2              0.9
(EBITDA)
EBIT                              16.7             16.7              0.0
Pre-tax earnings                  14.3             13.6              0.7
Net earnings                      11.3             10.9              0.4
attributable to
shareholders
Consolidated earnings             0.32             0.30             0.02
per share (EUR)
Cash flow from                    22.7             13.8              8.9