DGAP-News

H&R GmbH & Co. KGaA: Half Year Report 2017 confirms good Business Trend

DGAP-News: H&R GmbH & Co. KGaA / Key word(s): Half Year Results/Quarterly / Interim Statement H&R GmbH & Co. KGaA: Half Year Report 2017 confirms good Business Trend 11.08.2017 / 08:02 The issuer is solely responsible for the content of this announcement. H&R GmbH & Co. KGaA confirms good business trend in first half of 2017

- EBITDA at high level of just under EUR 53 million

- Significant increase in earnings from international business and Plastics division

- Better minimum result expected for year as a whole

Salzbergen, 11 August 2017. H&R KGaA (ISIN DE000A2E4T77) confirms that the good performance at the beginning of the year continued right through to the end of the first half of 2017: with EUR 52.9 million (first half of 2016: EUR 54.4 million) of operating income (EBITDA - earnings before income taxes, other financial income and expenses and depreciation, amortization, impairments and reversals of impairments of fixed assets and intangible assets), the company performed well once again. EBIT totaled EUR 35.2 million (first half of 2016: EUR 39.0 million) and earnings before taxes (EBT) amounted to EUR 30.3 million in the first half (first half of 2016: EUR 33.7 million). Following several quarters of improvement in the company's business situation, the resulting increase in income tax expenses impacted the consolidated net income attributable to shareholders, which decreased from EUR 26.3 million in the first half of 2016 to EUR 21.4 million in the first half of 2017. Nevertheless, H&R KGaA generated earnings per share of EUR 0.60.

Due to prices of raw materials, sales revenues of EUR 527.7 million were around 13.5% higher than the prior-year figure (first half of 2016: EUR 465.1 million).

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