DGAP-Adhoc
H&R GmbH & Co. KGaA: Increase in the EBITDA forecast for 2016
DGAP-Ad-hoc: H&R GmbH & Co. KGaA / Key word(s): Change in Forecast/Final
Results
H&R GmbH & Co. KGaA: Increase in the EBITDA forecast for 2016
20-Dec-2016 / 12:52 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by
DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Results
H&R GmbH & Co. KGaA: Increase in the EBITDA forecast for 2016
20-Dec-2016 / 12:52 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by
DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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H&R GmbH & Co. KGaA: Increase in the EBITDA forecast for 2016
Salzbergen, Germany, 20. December 2016. H&R GmbH & Co. KGaA (H&R KGaA; ISIN
DE0007757007) is raising its most recently published expectation of EUR
95.0 million for the full year EBITDA by roundabout 7%.
After good results at the end of the third quarter 2016, the business in
the final quarter remained solid until short before the end of the year.
Despite the ongoing momentum in crude oil prices, H&R KGaA expects a stable
and profitable business development for the final weeks as well.
Revenue is expected to be below the previous year's level, due to raw
material prices, but above EUR 900 million, given strong demand and strong
sales volumes. Based on currently available information the management
expects H&R KGaA to achieve EBITDA of around EUR 102.0 million.
Contact information:
H&R GmbH & Co. KGaA, 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&R GmbH & Co. KGaA:
H&R 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 insider information pursuant to Article 17 of the Market Abuse
Regulation [MAR] 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 insider information pursuant to
Article 17 of the MAR.
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20-Dec-2016 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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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: DE0007757007
WKN: 775700
Listed: Regulated Market in Dusseldorf, Frankfurt (Prime
Standard), Hamburg; Regulated Unofficial Market in Berlin,
Hanover, Munich, Stuttgart, Tradegate Exchange
End of Announcement DGAP News Service
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531793 20-Dec-2016 CET/CEST
H&R GmbH & Co. KGaA: Increase in the EBITDA forecast for 2016
Salzbergen, Germany, 20. December 2016. H&R GmbH & Co. KGaA (H&R KGaA; ISIN
DE0007757007) is raising its most recently published expectation of EUR
95.0 million for the full year EBITDA by roundabout 7%.
After good results at the end of the third quarter 2016, the business in
the final quarter remained solid until short before the end of the year.
Despite the ongoing momentum in crude oil prices, H&R KGaA expects a stable
and profitable business development for the final weeks as well.
Revenue is expected to be below the previous year's level, due to raw
material prices, but above EUR 900 million, given strong demand and strong
sales volumes. Based on currently available information the management
expects H&R KGaA to achieve EBITDA of around EUR 102.0 million.
Contact information:
H&R GmbH & Co. KGaA, 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&R GmbH & Co. KGaA:
H&R 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 insider information pursuant to Article 17 of the Market Abuse
Regulation [MAR] 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 insider information pursuant to
Article 17 of the MAR.
---------------------------------------------------------------------------
20-Dec-2016 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
---------------------------------------------------------------------------
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: DE0007757007
WKN: 775700
Listed: Regulated Market in Dusseldorf, Frankfurt (Prime
Standard), Hamburg; Regulated Unofficial Market in Berlin,
Hanover, Munich, Stuttgart, Tradegate Exchange
End of Announcement DGAP News Service
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531793 20-Dec-2016 CET/CEST
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