DGAP-Adhoc

H&R GmbH & Co. KGaA: Operating income significantly higher than prior-year figure

DGAP-Ad-hoc: H&R GmbH & Co. KGaA / Key word(s): Final Results H&R GmbH & Co. KGaA: Operating income significantly higher than prior-year figure 01-March-2017 / 13:45 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. Insider information under Article 17 of the Market Abuse Regulation (MAR)

2016 business figures

H&R GmbH & Co. KGaA: Operating income significantly higher than prior-year
figure

- Net income increased almost 43% to EUR 38.4 million

- EBITDA improved to EUR 101.4 million, positive contributions by all
business segments

- Earnings in upper range of lately increased expectations

- Sales revenues of EUR 942.7 million were below the prior-year figure,
due to crude oil prices

Salzbergen, 1 March 2017. H&R GmbH & Co. KGaA (ISIN DE0007757007) generated
operating income (EBITDA - Earnings before income taxes, financial income
and expenses, depreciation, impairments and reversal of impairments of
property, plant and equipment and intangible assets) of EUR 101.4 million
in financial year 2016 (2015: EUR 85.4 million) - i.e., at the upper level
targeted in the higher forecast published in December 2016. The change in
EBIT was also quite positive; it rose by EUR 15.5 million to EUR 64.2
million (2015: EUR 48.7 million). The trend was similar for earnings before
taxes (EBT), which increased by EUR 20.0 million from EUR 34.2 million in
2015 to EUR 54.2 million in the year under review.

Net profit attributable to shareholders totaled EUR 38.4 million (2015: EUR
26.9 million), an increase of EUR 11.5 million (42.8%) over the prior-year
result.

The latest increase in earnings was generated on EUR 942.7 million of sales
revenues, which were some 4% lower compared to the previous year (2015: EUR
982.9 million), primarily because, on average, the oil price was lower
compared to 2015. By contrast, both production and sales volumes were