DGAP-News: H&R AG confirms positive figures for the

DGAP-News: H&R Aktiengesellschaft / Key word(s): 9-month figures/Quarter Results H&R AG confirms positive figures for the nine-month period of 2015 13.11.2015 / 07:55 --------------------------------------------------------------------- H&R AG confirms positive figures for the nine-month period of 2015 - Significant increase in operating income (EBITDA) to EUR65.3 million - Net earnings increased to EUR29.1 million - Expectations for full-year EBITDA raised Salzbergen, 13 November 2015. In the Third Interim Report published today, H&R Aktiengesellschaft (ISIN DE0007757007) confirmed the preliminary results for the first nine months of 2015 announced on 16 October 2015. Overall, while sales revenues decreased to EUR765.6 million due to lower crude-oil prices (nine months of 2014: EUR806.3 million), the company more than doubled its operating income (EBITDA) to EUR65.3 million (nine months of 2014: EUR25.2 million). EBIT totaled EUR42.7 million (nine months of 2014: EUR8.1 million). Pre-tax earnings (EBT) for the entire period improved to EUR34.2 million (nine months of 2014: pre-tax loss of EUR-2.4 million). Consolidated net income totaled EUR29.1 million (nine months of 2014: net loss of EUR-1.9 million). H&R Aktiengesellschaft therefore generated earnings per share of EUR0.81 (nine months of 2014: EUR-0.06). Overview of key figures: <pre> EUR million Nine months Nine months Change 2015 2014 Sales 765.6 806.3 -40.7 Operating income (EBITDA) 65.3 25.2 40.1 EBIT 42.7 8.1 34.6 Pre-tax earnings (EBT) 34.2 -2.4 36.6 Net income after minority 29.1 -1.9 31.0 interests Consolidated earnings per share, 0.81 -0.06 0.87 in EUR Operating cash flow 33.7 -18.3 52.0 Free cash flow 20.2 -30.5 50.7 Q3-2015 Q3-2014 Change Sales 240.9 265.6 -24.7 Operating income (EBITDA) 24.2 10.6 13.6 EBIT 16.7 4.8 11.9 Pre-tax earnings (EBT) 13.6 1.2 12.4 Net income after minority 10.9 0.8 10.1 interests Consolidated earnings per share, 0.30 0.03 0.27 in EUR Operating cash flow 13.8 14.0 -0.2 Free cash flow 10.1 9.5 0.6 30/9/2015 31/12/2014 Change Total assets 675.0 706.6 -31.6 Shareholders' equity 284.1 248.9 35.2 Equity ratio (in %) 42.1 35.2 6.9 </pre> The expectations of the company H&R Aktiengesellschaft for the final quarter of 2015 include at least a solid contribution to earnings. The company expects, in purely operational terms and even in the event of adjustments for the extraordinary earnings from the third quarter, an EBITDA figure towards the top of the previously announced range of EUR45m to EUR65m. Negative outcomes such as those arising from the closing phases of last year are not expected on the basis of present knowledge. If the final quarter of 2015 proves to continue on from the year's good performance overall, while taking into account the one-off positive effect of extraordinary earnings in the third quarter, the previously announced earnings forecast could be exceeded by approximately 15%. For the full Management Report, the financial statements and the notes, please refer to the Third Interim Report published today on the company's website. Contact: H&R AG, Investor Relations / Kommunikation, Ties Kaiser Neuenkirchener Straße 8, 48499 Salzbergen; Germany Tel.: +49 40 43218-321, Fax: +49 40 43218-390 Mail: ties.Kaiser@hur.com www.hur.com H&R AG: H&R AG 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 should not be interpreted as a guarantee that the projected future developments and results contained therein will materialize. The future developments and results are dependent on a number of factors that 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. --------------------------------------------------------------------- 13.11.2015 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. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: H&R Aktiengesellschaft 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: DE0007757007 WKN: 775700 Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Hanover, Munich, Stuttgart End of News DGAP News Service --------------------------------------------------------------------- 412521 13.11.2015