H&R GmbH & Co. KGaA confirms preliminary figures for Q1-2023

H&R GmbH & Co. KGaA confirms preliminary figures for Q1-2023 

• Q1-23 does not match previous years momentum
• Strong improvements in cash positions 

Salzbergen, May 12, 2023. H&R GmbH & Co. KGaA (in short: H&R KGaA; ISIN DE000A2E4T77) has basically confirmed the preliminary key figures for the start of the year. The company reported operative earnings (EBITDA - consolidated earnings before taxes on income and earnings, other financing income and expenses and depreciation, amortization and write-ups on intangible assets and property, plant and equipment) of EUR 14.3 million in the first quarter of 2023 (same period in the previous year: EUR 25.2 million). Due to lower raw material prices and volumes, the past quarter delivered lower sales revenues of EUR 349.0  million (Q1-2022: EUR 361.8 million).

Key Figures for H&R KGaA:

Key Figures for segments:

For more detailed statements on the business and earnings development, especially the full-year expectations, the company refers to the quarterly statement for the first quarter of 2023 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.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 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.