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H&R GmbH & Co. KGaA: Earnings performance significantly exceeding expectations in the second quarter of 2026 – potential target achievement already by mid-year
H&R GmbH & Co. KGaA: Earnings performance significantly exceeding expectations in the second quarter of 2026 – potential target achievement already by
About this update from Hannover Rueck Se
EQS-Ad-hoc: H&R GmbH & Co. KGaA / Key word(s): Results / Half year/Forecast / Half year H&R GmbH & Co. KGaA: Earnings performance significantly exceeding expectations in the second quarter of 2026 – potential target achievement already by mid-year 29-Jun-2026 / 17:57 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group. The issuer is solely responsible for the content of this announcement.Insider information pursuant to Article 17 of the Market Abuse Regulation [MAR]H&R GmbH & Co. KGaA: Earnings performance significantly exceeding expectations in the second quarter of 2026 – potential target achievement already by mid-year Salzbergen, Germany, June 29, 2026. H&R GmbH & Co. KGaA (ISIN: DE000A2E4T77) will record an operating earnings performance over the second quarter of 2026 that significantly exceeds previous expectations, based on preliminary internal figures. According to current information, demand and pricing levels for certain selected product groups of the Group improved significantly during the second quarter of 2026. Against this background, it is presently considered likely that the lower end of the full-year 2026 forecast for operating earnings (EBITDA) of EUR 85.0 million will already be reached or exceeded by mid-year of 2026. The positive earnings development is primarily attributable to a temporarily strong increase in demand resulting from geopolitical disruptions related to the conflict in the Persian Gulf, as well as the currently existing restrictions on supply routes via the Strait of Hormuz. In this environment, base oils and solvents in particular became scarce. Over the past three months, H&R has been able to position itself as a reliable supplier in the market for these products vis-à-vis its customers and downstream industries. At the same time, the company points out that there are currently significant uncertainties regarding the sustainability of this development for the second half of the year. A potential easing of the geopolitical situation and a reopening of transport routes, a resulting normalization or disproportionate decline in demand from our customers, as well as a possible short-term and sharp drop in crude oil prices with corresponding valuation effects on our inventories, could mat...