EQS-Adhoc: H&R GmbH & Co. KGaA: Preliminary Financial Results for 2025

Insider information pursuant to Article 17 of the Market Abuse Regulation [MAR]

H&R GmbH & Co. KGaA: Preliminary Financial Results for 2025

• Preliminary operating profit (EBITDA) of EUR 83.8 million exceeds the latest forecast, but falls short of the prior-year figure
• Special write-downs weigh on other earnings levels
• Minor adjustments to certain prior-year figures

Salzbergen, Germany, March 20, 2026. According to preliminary calculations, H&R GmbH & Co. KGaA (H&R KGaA for short; DE000A2E4T77) achieved a solid operating result of EUR 83.8 million in the 2025 fiscal year (EBITDA – consolidated earnings before interest, taxes, depreciation, and amortization, other financing income and expenses, as well as depreciation, amortization, and write-ups of intangible assets and property, plant, and equipment) in the 2025 fiscal year. However, this fell short of the previous year’s result (2024: EUR 94.7 million [reported in the previous year: EUR 94.8 million]). Impairments in the Refining segment also led to a significant increase in depreciation and amortization at the Group level by EUR 35.7 million to EUR 98.3 million, which correspondingly impacted the other income and expense levels. EBIT amounted to EUR -14.4 million (2024: EUR 31.9 million), while earnings before taxes (EBT) stood at EUR -24.4 million (2024: EUR 20.3 million [reported in the previous year: EUR 20.7 million]). The bottom line was a net loss attributable to the Group’s shareholders of EUR -38.8 million (2024: net profit of EUR 10.4 million [reported in the previous year: EUR 10.6 million]). The prior-year adjustments are based on corrections regarding the valuation of pension provisions. Revenue amounted to EUR 1,242.2 million. This was 7.2% lower than in the previous year (2024: EUR 1,338.2 million).

For the company, 2025 was characterized above all by a generally subdued mood. After an optimistic start to the year, renewed upheavals in transatlantic trade and alliance policy led to growing uncertainty in our customer industries. At the German federal level, there was a lack of clear, effective measures to strengthen the economy following the federal elections, which contributed to a merely subdued demand and price situation that persisted into the summer. The second half of the year brought more momentum, with a relatively strong final quarter of 2025 in particular ensuring that we exceeded our minimum expectations for 2025 of EUR 77.0 million. Q4/2025 contributed an operating profit of EUR 23.4 million to full-year EBITDA (Q4/2024: EUR 28.9 million). However, higher depreciation and amortization resulting from the impairments had a decisive impact on the other results: EBIT and EBT in the fourth quarter stood at EUR -30.8 million and EUR -31.9 million (Q4/2024: EUR 11.3 million and EUR 9.2 million [reported in the prior year: EUR 9.6 million]). Consequently, the consolidated net loss reported above for the full year is almost entirely attributable to the consolidated net income attributable to shareholders for Q4/2025 of EUR -38.4 million. On a quarterly basis, the company generated revenue of EUR 278.5 million, a 14.2% decrease compared to the same period last year (Q4/2024: EUR 324.6 million).

For the full year, operating cash flow improved to EUR 92.1 million (2024: EUR 70.2 million), while free cash flow was positive and stronger at EUR 35.4 million (2024: EUR 15.8 million). Total assets stood at EUR 916.2 million at the end of the 2025 fiscal year (Dec. 31, 2024: EUR 1,017.7 million [reported in the prior year: EUR 1,014.8 million]). Equity as of the balance sheet date amounted to EUR 416.1 million (Dec. 31, 2024: EUR 463.4 million [reported in the prior year: EUR 468.6 million]), representing 45.4% (Dec. 31, 2024: 45.5% [reported in the prior year: 46.2%].

For a complete overview of business performance, including segment reporting and the annual financial statements, H&R KGaA refers to the publication of the 2025 Annual Report on March 31, 2026.

Contact information:

H&R GmbH & Co. KGaA, Head of Investor Relations/Communications, Ties Kaiser

Neuenkirchener Strasse 8, 48499 Salzbergen

Tel.: +49 40 43218-321, Fax: +49 40 43218-390

e-mail: ties.kaiser@hur.com ; www.hur.com

H&R GmbH & Co. KGaA:

H&R GmbH & Co. KGaA, listed in the Prime Standard segment of the Frankfurt Stock Exchange, is a specialty chemicals company engaged in the development and manufacture of specialty chemical and pharmaceutical products based on fossil, bio-based, synthesized, and recycled hydrocarbons, and in the production of 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.

2295322  20-March-2026 CET/CEST