H&R GmbH & Co. KGaA
H&R GmbH & Co. KGaA: Increase in the EBITDA forecast for 2016
H&R GmbH & Co. KGaA / Key word(s): Change in Forecast/Final Results 20-Dec-2016 / 12:52 CET/CEST Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- H&R GmbH & Co. KGaA: Increase in the EBITDA forecast for 2016 Salzbergen, Germany, 20. December 2016. H&R GmbH & Co. KGaA (H&R KGaA; ISIN DE0007757007) is raising its most recently published expectation of EUR 95.0 million for the full year EBITDA by roundabout 7%. After good results at the end of the third quarter 2016, the business in the final quarter remained solid until short before the end of the year. Despite the ongoing momentum in crude oil prices, H&R KGaA expects a stable and profitable business development for the final weeks as well. Revenue is expected to be below the previous year's level, due to raw material prices, but above EUR 900 million, given strong demand and strong sales volumes. Based on currently available information the management expects H&R KGaA to achieve EBITDA of around EUR 102.0 million. Contact information: H&R GmbH & Co. KGaA, 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 insider information pursuant to Article 17 of the Market Abuse Regulation [MAR] 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 insider information pursuant to Article 17 of the MAR. --------------------------------------------------------------------------- 20-Dec-2016 CET/CEST 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: DE0007757007 WKN: 775700 Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Hanover, Munich, Stuttgart, Tradegate Exchange End of Announcement DGAP News Service
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