Brief: H&R GmbH & Co. KGaA increases EBITDA forecast for 2016

H&R GmbH & Co KgaA

20/12/2016 11:52

Dec 20 (Reuters) - H&R GmbH & Co. KGaA  2HR.DE : 
    * Increase in the EBITDA forecast for 2016 
    * Is raising its most recently published expectation of 95.0 million euros for full year 
EBITDA by roundabout 7 percent 
    * Sees FY EBITDA of around 102.0 million euros ($105.85 million) 
    * FY revenue is expected to be below previous year's level, due to raw material prices, but 
above 900 million euros, given strong demand and strong sales volumes 
 
Source text for Eikon:  ID:nEQ1XnFCQ  
Further company coverage:  2HR.DE  
 
($1 = 0.9637 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))