DGAP-News

H&R GmbH & Co. KGaA confirms growth in earnings in Q3 2016 - Seite 2

operating activities
Free cash flow 11.6 10.1 1.5
9/30, 2016 12/31, 2015 Abs. Change
Balance sheet total 654.6 628.8 25.8
Group equity 312.1 287.1 25.0
Equity ratio (%, 47.7 45.7 2.0*
Change in %)

* Indicated in percentage points

A significant contribution of these improved results was once more
attributable to the ChemPharm Refining segment, which accounted for an
approximate 33% rise in EBITDA to EUR54.9 million (first three quarters of
2015: EUR41.3 million), despite a 11.5% drop in sales to EUR427.0 million
(first three quarters of 2015: EUR482.6 million). Sales revenues were
affected by still comparatively low prices for crude-oil, but the margins
on our products, against a background of good demand and stable prices in
general, have so far remained consistent throughout the 2016 financial
year. International activities in the ChemPharm Sales segment delivered an
EBITDA of EUR26.3 million (first three quarters of 2015: EUR25.0 million);
an improvement of 5.2%. Sales revenues of EUR242.6 million since the
beginning of the year are slightly down (by 1.9%) on the figure for the
same period of the previous year (first three quarters of 2015: EUR247.4
million). The Plastics segment likewise achieved positive results and a
clearly improved EBITDA figure (first three quarters of 2016: EUR2.0
million; same period of 2015: -EUR0.2 million). In terms of sales revenues
(first three quarters of 2016: EUR42.5 million; same period of 2015:
EUR45.8 million), the figure was about 7.2% down on the previous year.

The company has seen out the first three quarters with good results, and
the final quarter has also got off to a fine start. Our expectations for
the end of 2016 involve, against a background of unrelentingly high
sensitivity to the state of markets and product prices, somewhat less
dynamic business development. At the same time, the management confirms the
increased EBITDA forecast issued in August, with its approximate figure of
EUR95.0 million.

For detailed statements on the business and earnings trend, please consult
the company's report for the third quarter of 2016 published today in the
"Downloads" section of H&R KGaA's website at www.hur.com.

Contact information:
H&R GmbH & Co. KGaA, Investor Relations/Communications, Ties Kaiser
Neuenkirchener Strasse 8, 48499 Salzbergen
Tel.: [phone], Fax: [phone]