DGAP-News: H&R GmbH & Co. KGaA confirms preliminary figures for Q1 2019

- Overall robust start to the year

- EBITDA at EUR 20.1 million

- Outlook for 2019 confirmed

Salzbergen, May 15, 2019 H&R GmbH & Co. KGaA (abbrev.: H&R KGaA; ISIN DE000A2E4T77) has confirmed the preliminary key figures for the start of the year and achieved a consolidated operating income (EBITDA - Consolidated income before tax, other financial income and expenses and depreciation/amortization, impairment and appreciation of fixed assets and property, plant and equipment) of EUR 20.1 million in the first quarter of 2019 (same period of the previous year: EUR 23.7 million). The past quarter also saw an increase in sales revenues to EUR 286.1 million (Q1-2018: EUR 270.9 million).

Overview of the main key figures:

* Change in percentage points.

All segments again made positive contributions to earnings in this quarter. The difference of
EUR -3.6 million compared to EBITDA in the same quarter of the previous year is mainly due to the inconsistent development of sales volumes, revenue and earnings contributions across the entire segments. The refinery business, for example, achieved better prices at comparable volumes, which were not reflected in better results due to the raw material situation. In international business, volumes increased, while customers remained very price-sensitive, so that the segment closed almost at the prior-year level. The plastics business had to stand its ground in an extremely difficult environment, as is generally known, surrounding the automotive business, and thus suffered a significant loss in earnings.

On the basis of current knowledge, we confirm our expectations for the 2019 operating result in the range of EUR 75.0 million to EUR 90.0 million.

For detailed statements on the trends in business performance and earnings, the company refers to the quarterly report for the first quarter of 2019 published today, which is available for download at www.hur.com in the "Investors Relations" section.

Contact information:
H&R GmbH & Co. KGaA, Head of Investor Relations/Communications, Ties Kaiser
Neuenkirchener Strasse 8, 48499 Salzbergen
Phone.: +49 40 43218-321, Fax: +49 40 43218-390
Email: 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 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 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 press release.