H&R GmbH & Co. KGaA, DE000A2E4T77

H&R GmbH & Co. KGaA, DE000A2E4T77

13.05.2022 - 11:10:21

H&R GmbH & Co. KGaA confirms preliminary figures for Q1-2022

All segments made positive earnings contributions. However, achieving an EBITDA at the level of the same quarter of the previous year is due in particular to the stable performance of our locations in the REFINING segment. In the refinery business, for example, good demand and the passing on of higher raw material and energy prices had a stabilizing effect. In the international business, the overall result was slightly below the previous year's level, but sales revenues also increased in the SALES segment. The plastics business held its ground in what is known to be an extremely difficult environment in the automotive business. Overall, after the first quarter of 2022, it can be stated that the EBITDA at the beginning of the year, in purely mathematical terms and from an optimistic perspective, suggests an overall achievement at the upper end of the guidance of EUR 80.0 million to EUR 95.0 million. However, it remains to be seen to what extent the situation in Eastern Europe can have even greater effects on the western industrial nations. In particular, a stop in the supply of Russian gas could have a lasting impact on German industry as a whole. The difficulties of many Asian countries (lockdown, port closures and transport capacities) must also be considered unresolved. The extent to which we can meet the forecast range therefore depends on the further development of the global economy. We are currently leaving it at the known targets and are reassessing the need for more precise expectations based on the half-year results.

For more detailed statements on the business and earnings development, the company refers to the quarterly statement for the first quarter of 2022 published today, which is available for download at www.hur.com in the "Investor Relations" section.Contact information: H&R GmbH & Co. KGaA, Head of 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.comH&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 press release 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 press release.

13.05.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.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: DE000A2E4T77 WKN: A2E4T7 Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Hanover, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1352207 ? End of News DGAP News Service


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