HMS Bergbau AG: Record Half-Year 2024 Underscores Growth Trajectory

Berlin, 30 September 2024: HMS Bergbau AG, a leading independent raw materials trading and marketing company in Germany, has published its Half-Year Report 2024. The report highlights record figures, confirming the company's ongoing growth.

In the first half of 2024, HMS Bergbau AG achieved sales of EUR 731.4 million, an 11% increase from the previous year's EUR 656.7 million. The company reported an EBITDA of EUR 7.9 million, up 24% from EUR 6.3 million in the same period in 2023. Net profit also rose to EUR 5.5 million, a EUR 0.5 million increase year-on-year.

The company's liquidity as of 30 June 2024 stood at EUR 36.2 million, with equity rising by EUR 6.0 million to EUR 46.7 million. This financial health supports the company's growth strategy and provides flexibility for future expansions.

HMS Bergbau AG has expanded its international market presence, particularly in the USA, South America, Africa, and the Far East. It has also broadened its product range to include ores, metals, cement products, and petcoke.

The company reaffirms its 2024 forecast, expecting sales of EUR 1.3 billion and a positive EBITDA in the lower double-digit million euro range.