Put companies on watchlist
HMS Bergbau AG
ISIN: DE0006061104
WKN: 606110
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

HMS Bergbau AG · ISIN: DE0006061104 · EQS - Company News (24 News)
Country: Germany · Primary market: Germany · EQS NID: 1727487
15 September 2023 03:52PM

Again record results in 1HY 2023


EQS-News: HMS Bergbau AG / Key word(s): Half Year Results/Half Year Report
HMS Bergbau AG: Again record results in 1HY 2023

15.09.2023 / 15:52 CET/CEST
The issuer is solely responsible for the content of this announcement.


Corporate News from 15 September 2023

HMS Bergbau AG: Again record results in 1HY 2023 

  • Sales 6m 2023: +62% to EUR 656.7 million
  • EBITDA 6m 2023: +17% to EUR 6,347 thousand (previous year: EUR 5,420 thousand)
  • Net profit 6m 2023: +67% to EUR 5,075 thousand (previous year: EUR 3,034 thousand)
  • EUR 25.5 million in liquidity creates additional room for manoeuvre
  • Outlook for 2023 raised slightly: EUR 1 billion in sales (unchanged); EBITDA raised from EUR 15 million to EUR 17 million

Berlin, 15 September 2023: HMS Bergbau AG, one of the leading international raw materials trading and marketing groups, today announced its results for the first half of 2023.

In a challenging market environment, the advantages of a flexible and internationally broad-based commodity trading group became clear. In the first half of 2023, HMS Bergbau AG was able to respond by adapting its business practices. Based on an expanded financing framework and the high volatility of the market, we have further strengthened risk management in particular.

The strength of the operating activities is reflected in the results achieved for the first six months of the current 2023 financial year, which significantly exceeded the record results of the first half of 2022.

As of 30 June 2023, sales of EUR 656.7 million were generated, corresponding to a year-on-year increase of almost 62 per cent. The significant increase in sales of EUR 252 million, driven primarily by a rise in tonnage, led to EBITDA of EUR 6,347 thousand in the first half of 2023, compared to EUR 5,420 thousand in the same period of 2022. Net profit amounted to EUR 5,075 thousand as of 30 June 2023, compared to EUR 3,034 thousand as of 30 June 2022. Liquidity as of the 30 June 2023 reporting date amounted to around EUR 25.5 million (31 December 2022: EUR 31.0 million), creating additional room for manoeuvre for HMS Bergbau AG in terms of its continued development into a responsible international vertically and horizontally positioned commodity trader.

The management of HMS Bergbau AG continues to regard the medium-term operating outlook as positive as a result of the growing global demand for energy and raw materials. The Group considers itself well positioned, primarily due to its international trade relations, local representative offices and the successes achieved during its transformation process.

For the current year 2023, the management is increasing its forecasts and plans to generate sales of around EUR 1 billion and a gross margin at the level of the previous year of approximately 3 per cent. EBITDA is expected to reach approximately EUR 17 million.

The Management Board

 

About HMS Bergbau AG:

HMS Bergbau AG, Berlin, is one of the leading independent raw materials trading and marketing companies in Germany. Its core business is the international purchase and sale of raw materials such as coal products, cement, ores and fertilisers. Its customers include well-known international industrial consumers, energy traders and producers, to whom the raw materials are delivered in time worldwide. Primarily operating in Asia, Africa and Europe, HMS Bergbau AG, also develops first-class raw material reserves.

In addition, the Company provides customers solutions to complex transport issues. Founded in 1995, HMS Bergbau AG is listed on the Basic Board of the Frankfurt Stock Exchange.




Contact:
Company contact:
HMS Bergbau AG
An der Wuhlheide 232
12459 Berlin
T.: +49 (30) 65 66 81-0
F: +49 (30) 65 66 81-15
Email: info@hms-ag.com
URL: www.hms-ag.com

HMS Investor Relations contact:
GFEI Aktiengesellschaft
Ostergrube 11
30559 Hannover
T.: +49 (511) 47 40 23 00
F.: +49 (511) 47 40 23 19
www.gfei.ag
Email: investors@hms-ag.com


15.09.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: HMS Bergbau AG
An der Wuhlheide 232
12459 Berlin
Germany
Phone: 030 65 66 81-0
Fax: 030 65 66 81-15
E-mail: hms@hms-ag.com
Internet: www.hms-ag.com
ISIN: DE0006061104
WKN: 606110
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board)
EQS News ID: 1727487

 
End of News EQS News Service

1727487  15.09.2023 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1727487&application_name=news&site_id=boersengefluester
Visual performance / price development - HMS Bergbau AG
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.