Brief: H&R 9-mth net income swings to profit EUR 29.1 mln

H&R GmbH & Co KgaA

13/11/2015 06:55

Nov 13 (Reuters) - H&R AG  2HR.DE : 
    * 9-month sales revenues decreased to 765.6 million euros ($825.78 million) due to lower 
crude-oil prices (nine months of 2014: 806.3 million euros) 
    * 9-month EBITDA  65.3 million euros (nine months of 2014: 25.2 million euros) 
    * 9-month EBIT totalled 42.7 million euros (nine months of 2014: 8.1 million euros) 
    * 9-month net income totaled 29.1 million euros (nine months of 2014: net loss of 1.9 
million euros) 
    * Expectations for full-year EBITDA raised 
    * Expects FY EBITDA figure towards top of previously announced range of 45 million euros to 
65 million euros 
    * Negative outcomes such as those arising from closing phases of last year are not expected 
on basis of present knowledge 
    * If final quarter of 2015 proves to continue on from year's good performance overall 
previously announced earnings forecast could be exceeded by approximately 15 pct 
 
Source text for Eikon:  ID:nEQ4jQrg0a  
Further company coverage:  2HR.DE  
 
($1 = 0.9271 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))