sur H&R GmbH & Co. KGaA (isin : DE000A2E4T77)
H&R GmbH & Co. KGaA Reports Mixed Financial Results for Q3 2024
H&R GmbH & Co. KGaA has released its financial results for the third quarter of 2024. The company achieved an operating result (EBITDA) of EUR 24.8 million, marking the highest contribution to operating earnings this year. However, this figure represents a decrease from EUR 27.2 million achieved in the same period last year.
Sales revenue saw a slight increase to EUR 338.1 million compared to EUR 337.2 million in Q3 2023. Despite this, earnings before taxes fell from EUR 9.6 million in Q3 2023 to EUR 5.8 million in Q3 2024, and net income attributable to shareholders dropped to EUR 3.5 million from EUR 7.6 million the previous year.
In response to political uncertainties, including the re-election of Donald Trump and a coalition collapse in Germany, the company maintains its forecast, expecting an operating result of at least EUR 90.0 million for the fiscal year.
R. E.
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