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H&R GmbH & Co. KGaA: Publication of the Annual Report 2020

DGAP-News: H&R GmbH & Co. KGaA / Key word(s): Annual Report/Annual Results H&R GmbH & Co. KGaA: Publication of the Annual Report 2020 21.04.2021 / 07:55 The issuer is solely responsible for the content of this announcement. H&R GmbH & Co. KGaA publishes Annual Report 2020

- Despite clear corona effects: H&R ends fiscal year 2020 with robust EBITDA of EUR 55.8 million.

- Strong final quarter Q4-2020 and good start to the year 2021

Salzbergen, Germany, April 21st, 2021. In the 2020 financial year, H&R GmbH & Co. KGaA (H&R KGaA; ISIN DE000A2E4T77) has achieved an operating result (EBITDA - consolidated earnings before taxes on income and earnings, other financing income and expenses as well as depreciation and impairment losses and write-ups on intangible assets and property, plant and equipment) of EUR 55.8 million (2019: EUR 52.9 million). For the other earnings levels see table "Key figures for H&R KGaA". Overall, the EBITDA was thus above the last forecast - specified in December 2020 - of up to EUR 53.0 million. The EBITDA margin improved by 1.5% to 6.4%. The bottom line was that the shareholders' consolidated net income was EUR -9.0 million (2019: EUR -1.4 million). The result was achieved with sales of EUR 873.0 million. This was around 18.8% less than in the previous year (2019: EUR 1,075.3 million) due to price and volume factors.

Despite Corona good momentum in the REFINING segment
The Chemical-Pharmaceutical Raw Materials division with its REFINING and SALES segments made the main contribution to Group EBITDA with an operating result of EUR 61.1 million (2019: EUR 59.9 million). Despite lower sales of EUR 524.6 million, the refinery business made the significant contribution of EUR 35.2 million to this, and exceeded the EBITDA contribution of the international business (EBITDA: EUR 25.9 million; sales: EUR 317.0 million). Overall, both segments successfully faced the burdens of the corona pandemic and the effects of the containment measures. The PLASTICS segment had a somewhat more difficult time, as the closings of the automotive industry in the first half of the year left their skid marks until the end of 2020. Nevertheless, the restructuring measures of the previous year made it possible to reduce the burden on costs, so that the segment achieved a significantly improved operating result of EUR -0.4 million (EBITDA 2019: EUR -4.9 million).